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Welcome to the Beach Surf View Apartments located at 510 Avenue Alhambra in El Granada; a rare coastal nine (9) unit multifamily investment opportunity in the highly desirable Pillar Point neighborhood of El Granada. -- This well-maintained property offers stunning ocean views from every unit and an exceptional unit mix of three (3) spacious 2-Bedroom/1-Bath Penthouse units (~1,000 sqft) and six (6) classic 2-Bedroom/1-Bath units (~675 sqft). -- Originally constructed in 1973 and situated on a 14,490 sqft lot, the property features approximately 9,756 sqft of improvements with 7,479 sqft of rentable space. Each unit is individually metered with all-electric appliances, and the penthouse units include in-unit washer/dryers. -- Property amenities include nine (9) carports plus two (2) open spaces, on-site laundry for units without in-unit laundry, bike storage, resident storage lockers, and an owners storage room with bathroom and sink. -- SB-721 INSPECTION IS COMPLETED/PASSED, offering added peace of mind for investors. Ideally located just a short 10-minute walk to the beach and coastal promenade, this asset combines strong in-place income (5.13% cap rate & 13.01 GRM) with long-term upside in one of the Peninsulas most supply-constrained coastal communities.

ML82046224 MLS

510 Avenue Alhambra, El Granada

Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass

$550,000

Seller has had the trees on the lot removed, now ready to build! You can see the second picture how it is looking now. More photos to follow when complete. Build your Dream Home on the Coast! This vacant Lot is located on a quiet, private Street. Very desirable El Granada neighborhood surrounded by high-end homes. Nothing across the street, located at the end of the Block only one house away from the serene French and Clipper Ridge hiking trails. Features the sunniest weather on our Coast, also NOT in a flood zone, water Rights are included, CCWD size 5/8 water connection. Lot size is 6040 SQ. FT Lot. 45' wide on the front street side and approximately 62' along the back of the property lots of room to build a large home in an upscale neighborhood with possible ocean views. Just blocks away from Piller Point Harbor, Coastal Trails and beautiful Beaches. Enjoy the Mavericks, famous Restaurant's & Cafes, quaint shops & all the beauty the Coast has to offer. Sunsets & hear the distant Fog Horns. Convenient commute just minutes North through the Tunnel to SF and minutes over the hill on 92 to San Mateo then 280 South to Silicon Valley.

ML82001283 MLS

0 Sevilla Ave, El Granada

Listed by Cathy Littlefield, 650-867-5307 from Compass
(If provided) CoList: from

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Fine Group Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.