$1,325,000 171 Shelter Cove Dr El Granada, CA

MLS: ML81773088   Type: Single Family   County: San Mateo   City: El Granada   Area: Clipper Ridge-princeton-by-the-sea   Zip: 94018     Stories: 1

Mortgage $6,221 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

4

3

0

2,670

5,641

1969

Excellent value on the coast! Two legal rental units with leases through fall 2020 producing $6,150/mo, $73,800/yr. Only $496/sq ft, perfect for investors wanting a 1031 exchange. Upper level approx 1,670 sq ft with 3 bedrooms, 2 baths, large living room & dining room, 2 car garage with W/D, and spacious deck with views of Pillar Point to the West and Santa Cruz Mountains to the East. Lower level ADU/in-law unit measures approx 1,000 sq ft, which is larger than many small homes! ADU: 1 bedroom, 1 bathroom, open floor plan kitchen/dining/living room, its own W/D, it's own heat and AC, street parking. Large fenced yard is shared. Enhanced sound-resistance was added to the ceiling, providing quiet for both tenants. Continue as a rental income property, or easily combine the two separate living spaces back into a single-family home. Easy commute to SF or Peninsula. Come see what the nature-loving 'Coastsider' life has to offer the savvy investor! (Note: Some photos show virtual staging.)

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Price History

10/21/2019 Listed $1,325,000

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Direct Link:

https://www.elementliving.co/property/40-ML81773088-171-Shelter-Cove-Dr-El-Granada-CA-94018

Gallery (35 photos)

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Property vs Zip Code Avg (94018)

Price 1.32M Avg 1.52M

Sqr Feet 2,670 Avg 2,308

Cost / Sqr Ft $496 Avg $659

Acres 0.1295 Avg 0.13

Visits 46 Avg 19

Days on Site 125 Avg 82

Walkscore® 27 Avg 39

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Stephanie Sills with Compass.




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Location & Address

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