E Street Daly City, CA 94014
8
Beds
3
Baths
3,151
Sqft
4,008
Sqft lot
0.09
Acre lot
$2,015,000
Est.$7,420 / mo.*
Status:
Active
Property Type:
Single Family Residence
Year Built:
1910
Days on Website:
1
Listing courtesy of Andrew Pak (CalBRE#01877208), EQ1 {attribution_contact}
Description
Stunning Fully Rented Triplex with 5% Cap Rate in the Heart of Colma, CA! Welcome to this beautifully renovated triplex at 448, 450, and 450 1/2 E St in Colma, CA. Completely updated with permits, this property offers modern amenities and is compliant with todays standards, making it move-in ready for generational living or an ideal turn-key investment. This fully rented property generates a total monthly income of $10,749, or an annual income of $131,433.30, plus the additional laundry income from the laundry room at the property. Tenants pay for their utilities, leading to a cap rate of 5% at the list price of $2,015,000. Its the perfect opportunity for investors looking for a stable, low maintenance, income-generating property in a growing market. Nestled in a vibrant and friendly neighborhood, this triplex combines suburban tranquility with urban convenience. Located just 4 miles from Mussel Rock Park and Beach, 8 miles from San Francisco International Airport (SFO), 10 miles from downtown San Francisco, and 2 miles from Daly City, it's an ideal location for commuters and frequent travelers. The area is well-connected by public transit, ensuring hassle-free commuting. Don't miss out on this exceptional opportunity to own a piece of Colma's charm.Property Details and Features
Appliances & Equipment
- Gas Cooktop
- Dishwasher
- Vented Exhaust Fan
- Disposal
- Range Hood
- Microwave
- Electric Oven
- Refrigerator
Bathrooms
- 3 total bathrooms
- 3 full bathrooms
Bedrooms
- 8 bedrooms
Building
- 3151.00 living sqft
- Common walls: No Common Walls
- 2 stories
- Built in 1910
Accessibility Features
- Parking
Floors
- Tile
Foundation
- Slab
Garage
- 2 garage spaces
- Attached garage
Water Features
- Water source: Public
Heating
- Central
Listing
- Listing ID: ML81984874
- 639.48 per sqft
Location
- MLS area: 699 - Not Defined
- County: San Mateo
Lot
- 0.092 acres
- 4,008 sqft
Parking
- 6 spaces
- Off Street
Property
- Zoning: R00000
Roof
- Composition
Schools
- High school district: Other
Security Features
- Fire Sprinkler System
Sewer
- Public Sewer