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523 The Alameda

Outside Area (Inside Ca), CA 94018
  • $1,499,000
  • STATUS: Active
  • ON SITE: 31 Days
  • ID#: ML81888290
UPDATED: 80 min ago
$1,499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1959
County:

School Ratings & Info

Listing Agent(s): Juliette Kulda Group of Kw Peninsula Estates (650-627-3700)


Description

Excellent Investment Opportunity in the desirable seaside city of El Granada! Located 2 blocks from Surfers Beach & near lively Pillar Point Harbor with shopping, restaurants, kayaking & more, find this functionally designed & updated duplex with ocean views from the top unit! Unit A, 1 bed / 1 bath lower unit, is currently tenant-occupied & features hardwood floors, a new wall heater, spacious living area & kitchen with refrigerator, electric range, dishwasher & microwave. Recently updated Unit B is currently vacant, 2 bed / 1 bath unit on the 2nd floor. This unit has a balcony attached to the living room, new carpet, & resurfaced hardwood flooring in the kitchen which also includes a refrigerator, electric range, dishwasher & microwave. Property is equipped with 2 1-car garages & separate washer/dryer per unit. Large 6,084+/- sq ft lot provides room for oversized vehicle or may allow for the potential of ADU addition. This efficient Coastside location offers easy access for commute.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T23:29:22.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/128013469
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523 The Alameda Outside Area (Inside Ca), CA 94018

  • Price: $1,499,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 80 min ago
  • ID#: ML81888290
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1959
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
Property Description
Excellent Investment Opportunity in the desirable seaside city of El Granada! Located 2 blocks from Surfers Beach & near lively Pillar Point Harbor with shopping, restaurants, kayaking & more, find this functionally designed & updated duplex with ocean views from the top unit! Unit A, 1 bed / 1 bath lower unit, is currently tenant-occupied & features hardwood floors, a new wall heater, spacious living area & kitchen with refrigerator, electric range, dishwasher & microwave. Recently updated Unit B is currently vacant, 2 bed / 1 bath unit on the 2nd floor. This unit has a balcony attached to the living room, new carpet, & resurfaced hardwood flooring in the kitchen which also includes a refrigerator, electric range, dishwasher & microwave. Property is equipped with 2 1-car garages & separate washer/dryer per unit. Large 6,084+/- sq ft lot provides room for oversized vehicle or may allow for the potential of ADU addition. This efficient Coastside location offers easy access for commute.
Exterior Features

Architectural Style Patio Home Carport Spaces 0 Foundation Details BlockFha ApprovedSee RemarksTie Down Lot Features Back YardNear Public Transit Parking Features Oversized Parking Total 2 Roof BahamaCommon RoofGreen RoofReflectiveRidge VentsSee Remarks View Ocean View YN Yes

Interior Features

Accessibility Features None Appliances DishwasherElectric RangeMicrowaveRefrigerator Cooling None Cooling YN No Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Cap Rate 4.29 Garage YN Yes Gross Scheduled Income 78600 Insurance Expense 1200 Listing Agreement Exclusive Right To Sell Listing Service Full Service Maintenance Expense 0 Special Listing Conditions Standard Trash Expense 0 Zoning R



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-25T23:29:22.76. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Juliette Kulda Group of Kw Peninsula Estates (650-627-3700)