448 450 E Street, DALY CITY, CA 94014 (MLS # ML81984874)
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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.
| LAST UPDATED | 10/25/2024 | YEAR BUILT | 1910 |
|---|---|---|---|
| GARAGE SPACES | 2.0 | COUNTY | San Mateo |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Cooktop, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator |
|---|---|
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air |
| LOT | 4008 sq ft |
| LOT DIMENSIONS | 4008.00 |
| PARKING | Off Street, Attached |
| SEWER | Public Sewer |
| STORIES | 2 |
| WATER | Public |
| ZONING | R00000 |
TOTAL MONTHLY PAYMENT
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 11/1/24 2:25 PM PDT. 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.
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