CA > El Granada
El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
El Granada, CA 94018,122 Madrid Avenue
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$1,800,000
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4 Beds
3,746 SqFt
Active

122 Madrid Avenue El Granada, CA 94018

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Grant Inaba

Grant Inaba

+1(415) 992-2330

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,746 sqft

Price per Sqft $480

MLS Listing ID ML81975713

Bedrooms 4

HOA Y/N No

Year Built 1965

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Quadruplex

Property Description

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!

Location

State CA

County San Mateo

Zoning R300

Interior

Heating Natural Gas

Cooling No Air Conditioning

Fireplace No

Exterior

Exterior Feature Back Yard

Building

Lot Description Level

New Construction No

Schools

School District Cabrillo Unified

Others

Tax ID 047045020

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by David Worden • Windward Commercial Real Estate Services

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agent

Grant Inaba

Agent | License ID: 01905199

+1(415) 992-2330

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122 Madrid Avenue

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