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470 Willow Ave
Half Moon Bay, CA 94019 San Mateo-Foster City-Burlingame

$1,550,000 USD

Apartments For Sale • 3,065 SF

Property Details

Property Type Apartments
Total Building Size 3,065 SF
Lot Size 0.11 AC
Year Built 1964
Cap Rate 3.37 %
Zoning R3

0 Transit Score

85 Walk Score

                
                    Highlights
                
                                Building amenities include covered parking, and laundry facility.
                            
                                100% Tenant Occupied, in a Low Vacancy Rate Market.
                            
                                Significant upside in rental income for future owner.
                            
                                West side of Highway 1, short walk to beach, Coastal Trail and Historic downtown Half Moon Bay.
                            
                                Easy to commute to the Peninsula, San Francisco, Silicon Valley and SFO.

Property Flyers

OfferingMemorandum

Flyer

Financial Summary (Actual)

Net Operating Income: $64,948 USD (2023)

Cap Rate:	3.37 %
Total Expenses:	$35,605 USD

Amenities

Dishwasher
Eat-in Kitchen
Kitchen
Range
Tub/Shower
Family Room
Vinyl Flooring

Public Transportation

Airport	Drive	Walk	Distance
San Francisco International	32 min	-	18.0 mi
Metro Oakland International	52 min	-	37.1 mi
Norman Y Mineta San Jose International	53 min	-	38.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	2
Type:	Surface
Included in Rent:	Yes

Matt Aragoni 650-483-8949 Coldwell Banker Commercial Realty

470 Willow Ave Half Moon Bay, CA 94019 San Mateo-Foster City-Burlingame