Active
448 450 E Street
Colma CA, 94014
$1,950,000
$618.85 per sqft
Active
3,151 sqft
Multi-family
Built in 1910
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. 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.
ML81992450
MLSⓇ ID
January 31, 2025
Listed
February 12, 2025
Updated
Interior Features
Interior Features
Smart Thermostat
Laundry Description
Coin Operated
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
No Air Conditioning
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.09 Acres
Exterior Features
Back Yard
Roof
Composition Shingles
Sewer
Public Sewer
Window
Double Pane Windows
School Information
School District
Jefferson Elementary
Other Property Details
Area Name
Colma
Garage
No
View
Yes
View Description
Mountain(s)
County
San Mateo
Water Source
Public
Pool
No
Zoning
R000
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Listed by Andrew Pak with EQ1
Listing Contact: 408-687-5866
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