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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