470 Willow Ave - Apartments FOR SALE


Half Moon Bay, CA 94019
$1,790,000 USD
650-483-8949
470 Willow Ave, Half Moon Bay, CA for Sale
$1,790,000 USD
Apartments - FOR SALE
1/39
null | 2.92% Cap Rate

470 Willow Ave
Half Moon Bay, CA 94019


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, 3,065 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 1964, 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

$584 USD /SF

# OF UNITS

3

PRICE/UNIT

$596,667

CAP RATE

2.92%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

470 Willow Ave, Half Moon Bay, Ca 94019

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,000 SF

ZONING

R3

APN/PARCEL ID

056-143-150

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.