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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.
Last Updated | 1/31/2025 | Year Built | 1910 |
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Community | Not Defined | Garage Spaces | 2.0 |
County | San Mateo |
SCHOOLS
School District | Other |
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Additional Details
AIR | None |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Disposal, Gas Cooktop, Range Hood, Refrigerator, Vented Exhaust Fan |
AREA | Not Defined |
GARAGE | Off Street, Yes |
HEAT | Central |
LOT | 4008 sq ft |
PARKING | Off Street |
SEWER | Public Sewer |
STORIES | 2 |
TAXES | 25187 |
VIEW | Yes |
VIEW DESCRIPTION | Mountain(s) |
WATER | Public |
ZONING | R00000 |
Location
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