$1,249,000 8125 La Honda Rd La Honda, CA

MLS: ML81747548   Type: Commercial   County: San Mateo   City: La Honda   Zip: 94020  

Mortgage $5,864 /mo

Beds

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Sqr Footage

Acres

Built

0

0

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3,492

1.36

1920

AS-IS sale. Please do not disturb tenants. Additional 2 APNs included with sale, 083-180-070 & -080 for a total approx 1.43 acres. Very pretty creekside location of the legendary Boots and Saddles Restaurant. Land is mostly flat, sloping down at back to creek. The site of the restaurant building (removed many years ago) is now a lovely grassy area for the enjoyment of all tenants. An open parking area off the road can accommodate many vehicles, with plenty of room for safe turnaround. Four rental homes of unknown age - three could be 100 yrs old +/-, and one is newer. These homes are always rented and in high demand by local people, low vacancy rate. Current low rents reflect arrangement that tenants perform some general maintenance. Compensation for oversight by one long-term tenant of 20 yrs is equivalent of 2 months rent. Water system is maintained by San Mateo County under Service Area #7. Buyer to verify all information and do own investigations.

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Price History

4/17/2019 Listed $1,249,000

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Direct Link:

https://www.elementliving.co/property/40-ML81747548-8125-La-Honda-Rd-La-Honda-CA-94020

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Property vs Zip Code Avg (94020)

Price 1.24M Avg 1.24M

Sqr Feet 3,492 Avg 3,492

Cost / Sqr Ft $358 Avg $358

Acres 1.36 Avg 1.36

Visits 28 Avg 29

Days on Site 305 Avg 305

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Listing Provided Courtesy Of: Gail Hafelfinger with Intero Real Estate Services.




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Location & Address

Element
40 Stone Pine Road, Suite H
Half Moon Bay, CA
650-642-9760
650-533-7989