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

Listed by Andrew Pak with EQ1
Listing Contact: 408-687-5866 

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