1341 Main St
Montara, CA 94037
FOURPLEX: 8 bed, 4 bath, 3 blocks to beach! · Multifamily Property For Sale · 4 Units
PROPERTY FACTS
No. Units | 4 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.11 AC |
Building Size | 2,764 SF |
Average Occupancy | 75% |
No. Stories | 2 |
Year Built | 1963 |
Parking Ratio | 1.45/1,000 SF |
Site Amenities
- Laundry Facilities
- Walking/Biking Trails
- Public Transportation
About 1341 Main St , Montara, CA 94037
RARE FOURPLEX FOR SALE - just across scenic Highway 1 from the Pacific Ocean lies an incredible investment opportunity! * A mere 3 blocks from Montara State Beach, a wide, mile-long stretch of soft sand and great surf. Nearby Montara Mountain offers gorgeous views of the ocean or bay from numerous hiking and biking trails. Easy commute to SF or Peninsula. Come see what the nature-loving Coastsider life has to offer the savvy investor! * Each of the 4 units has approximately 700 sq ft with 2 bedrooms and 1 bathroom, carport parking, storage area and use of onsite laundry room. Top-floor unit #4 has ocean and mountain views. It was recently vacated and we purposely kept it off the market to accommodate showings. Vacant & staged, on Supra key, go direct. Unit #1 on the lower level is occupied by the property managers and is also available to show by appointment. * All leases month to month - future buyer has an excellent opportunity to set their own rates and terms. Projected rents at full occupancy are $123,000. Preventative maintenance has kept expenses low and the building in good condition. Estimated cap rate 5.29%. * Disclosures available at https://app.disclosures.io/link/1341-Main-Street-nld3p5rs * Please advise agent if writing, kindly use CAR contract and allow 48 hours for response due to sellers' travels. Please include proof of funds, pre-approval letter if financing, and signed disclosures cover page. Thank you.
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 4 | $2,600 | 676 - 686 |
Links
PROPERTY TAXES
Parcel Number | 036-049-040 | Improvements Assessment | $1,092,174 |
Land Assessment | $683,265 | Total Assessment | $1,775,439 |
zoning
Zoning Code | C1 |
Learn More About Investing in Apartment Buildings
Listing ID: 17047875
Date on Market: 8/28/2019
Last Updated:
Address: 1341 Main St, Montara, CA 94037
The Multifamily Property at 1341 Main St, Montara, CA 94037 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
Multifamily PROPERTIES IN NEARBY NEIGHBORHOODS
- Downtown South San Francisco Apartment Buildings
- San Mateo-Foster City-Burlingame Apartment Buildings
- Burlingame Park Apartment Buildings
- Colma Apartment Buildings
- Burlingame Terrace Apartment Buildings
- Avalon Apartment Buildings
- St Francis Apartment Buildings
- Downtown San Francisco Apartment Buildings
- Richmond/Western Addition Apartment Buildings
- Bayview/Visitacion Valley Apartment Buildings
- Daly City/Brisbane Apartment Buildings
- South Of Market Apartment Buildings