122 Madrid Avenue, El Granada, CA 94018 - Berkshire Hathaway HomeServices California Properties
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122 Madrid Avenue, El Granada, CA 94018

$1,800,000 Approx. USD 0 beds, 0 baths
3,746 sqft

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Listing Agent


David Worden | dave@windward-commercial.com
Lic#: 00622628
Broker: Courtesy of Windward Commercial Real Estate Services

Agent Remarks

Just a short jaunt to Surfers Beach and Princeton Harbor on Half Moon Bay! Convenient to multiple (really good!) restaurants, the famous Mavericks Big Surf venue, the Half Moon Bay Yacht Club and Half Moon Bay General Aviation Airport. And oh, BTW, a terrific community in which to raise kids! Low crime rate and good schools. This fully leased residential 4-plex includes four large 1-bedroom, 1-bath units of identical floorplans. Each unit has its own covered parking and storage closet in the shared garage. The upstairs units have private decks, and the rear downstairs unit has a private patio. The large, shared back yard has potential for an ADU. The coin-op washer and dryer provide additional cash income for the property owner. This very well-located property has great owner-occupancy potential rent out 3 of the units and live virtually free in the 4th unit! An apartment building of 4 or fewer units, with the owner occupying one of the units, qualifies for a single-family owner-occupied loan, generally at lower than apartment rates!

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# ML81975713
List price is $1,800,000 Reduced by $100,000 on 3/16/2025
Price: $1,800,000
Beds: 0
Baths: 0
Built in 1965
3,746 sqft
0.14 acres
Lot size: 0.1435
County: San Mateo
Zoning: R30000
Appliances: Disposal,Range Hood,Vented Exhaust Fan
Parking description: Off Street
Lot description: Level
Heating/cooling: None
MLS area: 699 - Not Defined

Last Updated: 3/16/2025

 Days On Market (DOM): 267

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.506428, -122.481709.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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