Active

448 450 E ST

COLMA CA, 94014

$1,950,000


$618.85 per sqft

Active

3,151 sqft

Multi-family

Built in 1910

Listed by EQ1, Andrew Pak, Listing Contact: 4086875866

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

March 1, 2025

Updated

Interior Features

Total Stories

2


Appliances

Cooktop, Dishwasher, Refrigerator, Oven, Range, Disposal


Laundry Description

Laundry Room


Floor Description

Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0.09 Acres


Roof

Composition


Sewer

Public Sewer

School Information

School District

Jefferson Elementary

Other Property Details

Area Name

Colma


Garage

Yes


Garage Spaces

2


Parking

Off Street, Attached


Parking Total

6


View

Yes


View Description

Mountain(s)


County

San Mateo


Water Source

Public


Zoning

R00000

Listed by EQ1, Andrew Pak,
Listing Contact: 4086875866 

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