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Address not disclosed CA 94037
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Key Details
Sold Price $1,775,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,080 sqft
Price per Sqft $576
MLS Listing ID ML81748633
Sold Date 10/18/19
HOA Y/N No
Year Built 1890
Annual Tax Amount $7,000
Lot Size 5,614 Sqft
Acres 0.1289
Property Description
Location, location and panoramic Ocean Views! Rents are up over 10% and price is 10% lower. This is a fantastic investment now and an excellent long term opportunity. A short commute to downtown SF, across the street from world class beach, steps from cafes, fabulous ocean views, near hiking trails, Maverick's Surfing is nearby, Pillar Point Harbor offers kayaking, fishing and sailing. Live where folks come for vacation! Historic building with 10-12-foot ceilings in most rooms is currently 3 residential units. 1 huge- 2 Bedroom, 1-1 bedroom with office and 1- 1 bedroom, C1 Zoning allows Retail, Restaurant, Commercial or other mixed use. Invest in the future of Montara! perfect for live/work opportunity or long-term investment that grosses approximately $118,000 yr. seller moved out of State and does not want to be an absentee landlord.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning C1
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Roof Type Shingle
Accessibility Other
Total Parking Spaces 9
Building
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 036049081
Financing Cash
Special Listing Condition Standard
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Bought with Scott C. Poncetta • KW Bay Area Estates
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