73 Carmel AVE new

Pacifica,CA 94044

$ 1499000

8 Beds

4 Baths

3072 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,072 sqft

Price per Sqft $487

MLS Listing ID 425032248

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1963

Lot Size 4,344 Sqft

Acres 0.0997

Property Sub-Type Quadruplex

Property Description

73 Carmel Ave is a charming four-unit building, each featuring two bedrooms and one bathroom. Every unit includes two carport parking for tenants. With a gross annual income of $111,276 and an impressive 4.94% actual cap rate, this property represents a solid investment opportunity. Located just half a block from the water, the property offers easy access to Highway 1, nearby restaurants, schools, and more. Additionally, 73 Carmel Ave connects to 65 Carmel Ave, which is also available for sale. Buyers have the option to purchase either property separately or together for a comprehensive investment. Seller financing options are available. Don't miss out on this fantastic opportunity!

Location

State CA

County San Mateo

Area Pacifica

Interior

Cooling None

Fireplace No

Appliance Free-Standing Electric Range,Free-Standing Refrigerator

Laundry Common Area,Washer/Dryer Hookups

Exterior

Utilities Available Common Area Meter,Sewer Connected,Natural Gas Connected

View Water

Roof Type Flat

Handicap Access None

Building

Lot Description Shape Regular,Sidewalk

Story 2

Water Meter on Site,Public

New Construction No

Schools

School District San Mateo

Others

Tax ID 016012250

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

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