3 months on rocket

122 Madrid Ave, El Granada, CA, 94018

$2,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,746 SqFt
$561/SqFt
Multi

Location

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122 Madrid Ave, El Granada$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Garage4 spaces
Year Built1965
CoolingNone
MLS #ML81975713
Lot Size0.14 Acres
StatusActive

About 122 Madrid Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 3,746 SqFt

Listing Office:

  • Office Name: Windward Commercial Real Estate Services
  • Office Phone: (650) 726-1031
  • Listing Agent: David Worden

Interior Features

Interior Information:

  • Appliances: Disposal, Range Hood, Vented Exhaust Fan
  • Flooring Type: Carpet

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: From Hwy 1 turn east on Capistrano Rd, then immediately left onto Avenue Alhambra, then immediately right onto Madrid Ave. Second property on the right. Cross Street: Avenue Alhambra

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $561/SqFt

Tax Information:

  • Annual Amount: $3,727
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81975713

Listing Office:

  • Office Name: Windward Commercial Real Estate Services
  • Office Phone: (650) 726-1031
  • Listing Agent: David Worden

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,727$102,320
2020$3,495$101,272
2019$3,180$99,287
2018$3,180$97,342
2017$2,936$95,434

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-362594
5
/10

  • El Granada Elementary School

  • 400 Santiago Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-362595
7
/10

  • Farallone View Elementary School

  • 250 Laconte and Kanoff

  • 2.97 miles

  • Public District Grades KG-5

school-card-donut-362596
3
/10

  • Hatch Elementary School

  • 490 Miramontes Ave

  • 3.94 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $140,672. Residents of San Mateo County, CA typically earn between $100k-200k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Mateo County›El Granada›94018›122 Madrid Ave

This home is located at 122 Madrid Ave in El Granada, CA and zip code 94018 in the Granada neighborhood. This 3,746 square foot home, which was built in 1965, sits on a 0.14 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $2,100,000.

While more than 244 listings in San Mateo County, CA in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 137 were sold below. In October 2024 in San Mateo County, CA there were 0.7% more homes for sale than in September 2024. While the average time on the market in October 2024 was 29 days, the median list price was $1,649,756.

From Rocket Homes Real Estate and based on county public records data.

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