466 Willow Ave - Apartments FOR SALE


Half Moon Bay, CA 94019
$1,790,000 USD
650-483-8949
466 Willow Ave, Half Moon Bay, CA for Sale
$1,790,000 USD
Apartments - FOR SALE
1/24
null | 3.11% Cap Rate

466 Willow Ave
Half Moon Bay, CA 94019


HIGHLIGHTS

  • West of Highway 1, within walking, biking distance to beaches, Coastal Trail, Historic Downtown Half Moon Bay, Shopping, Restaurants, Parks, Schools
  • Exceptionally well maintained asset
  • Value Add Opportunity
  • Low Vacancy Rate Market

OVERVIEW

Exceptionally Well-Maintained Triplex on the Coast. Discover a fantastic investment property with this charming triplex nestled in the beautiful coastal community of Half Moon Bay. Located on the west side of the Cabrillo Highway, this property offers walkability to beaches, the Coastal Trail, Historic Downtown Half Moon Bay, shopping, schools, dining and more. Property Highlights include a Unit Mix of (1) Large Three-Bedroom / Two-Bath Unit & (2) Two-Bedroom / One-Bath Units, 3,145 sqft of living space, and a Lot Size of 5,000 sqft. Amenities include Private covered parking and on-site laundry. The Investment Potential that this triplex presents is an excellent add-value opportunity to increase rents over time with higher-end interior renovations and the potential to convert tuck-under parking to an ADU. Built in 1965, this multi-unit building is perfect for investors seeking reliable rental income. Enjoy all the outdoor activities Half Moon Bay has to offer, including hiking, surfing, golfing, horse-back riding, and more. Prime location with easy access to Hwy 1 and 92, making Bay Area commutes a breeze, and just ~30 minutes from San Francisco, SFO, and Silicon Valley. Seize this exceptional investment opportunity today!

FOR SALE DETAILS

PRICE

$1,790,000 USD

PRICE/SF

$249 USD /SF

# OF UNITS

3

PRICE/UNIT

$596,667

CAP RATE

3.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

466 Willow Ave, Half Moon Bay, Ca 94019

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

R3

APN/PARCEL ID

056-143-220

ASK ABOUT THIS PROPERTY

Matt AragoniColdwell Banker Commercial RealtyMore Info
650-483-8949

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Matt AragoniColdwell Banker Commercial RealtyMore Info
650-483-8949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.