E Street

Colma, CA 94014

$2,015,000

List Price

N/A

bed Beds

shower Baths

3,151 sqft

straighten / sqft

1910

calendar_month Built

Property 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.

Listing Information

List Price $2,015,000
Status Active
MLS ML81984096
Type Residential Income
Subtype Triplex
Year Built 1910
Lot Size 4,008
Structure Size 3,151
Courtesy Of EQ1
Listing Agent Andrew Pak DRE#01877208

Interior Features

Total Bedroom
Bedrooms N/A
Flooring Information
Material Tile
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Andrew Pak, EQ1 408-687-5866. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 9:13 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.