$1,600,000
SOLD FEB 14, 2025

401 E St Colma, CA 94014

4 Beds
4 Baths
3,270 Sq Ft
6,700 Sq Ft Lot

Recently Sold

$489 Per Sq Ft

6% Below List Price

94 Days on Market

Highlights

  • Vinyl Flooring
  • 4-minute walk to Colma Station
  • 2-minute walk to Sterling Park Recreation Center
  • Westmoor High School Rated A-

About This Home

As of February 2025

Fourplex available on a peaceful, mostly single family residential street in Colma. This well cared for building has updated kitchen and bathrooms in all units, permit for roof 2017, permit for ext. deck/staircase 2021, double pane windows. A short stroll to the Colma BART Station. The property has a large, unused, portion of the lot to the rear of the building. The Colma Planning Department has expressed a desire to allow two ADU units to be located on this property. Here is a unique opportunity for your savvy investor.

Last Agent to Sell the Property

John Gieseker

Intero Real Estate Services License #00768503 Listed on: 10/17/2024

Intero Real Estate Services

Last Buyer's Agent

Kay Khan

Alliance Bay Realty License #01355732

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,705

Year Built

  • 1920

Lot Details

  • 6,700 Sq Ft Lot

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Quadruplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,270 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $108,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $3,000
  • Utility Expense $4,467
  • Trash Expense $1,656
  • Operating Expense $29,123
  • Gross Income $105,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,705

Year Built

1920

Lot Details

0

Parking

1

Listing Details

  • Zoning: R00000
  • Subclass: Fourplex
  • Age: 104
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Living Sq Ft: 3270
  • Stories: 3
  • Laundry: Hookups Only
  • Flooring: Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Enclosed, Parking Area, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.1538
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6700.00

Rental Info

  • Gross Rent Multiplier: 15.69
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3000
  • Expenses Total: 29123
  • Expenses Utility: 4467
  • Expense Trash: 1656
  • Income Annual Gross: 105840.00
  • Income Annual Rental: 108000
  • Income Gross Scheduled: 108000
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Feb 8, 2025
Sold by
Stryker Marital Trust and Stryker Survivors Trust
Bought by
Raihman Muntaz A and Raihman Rukshana K
Seller's Agent
John Gieseker
Intero Real Estate Services
Buyer's Agent
Kay Khan
Alliance Bay Realty
List Price
$1,695,000
Sold Price
$1,600,000
Premium/Discount to List
-$95,000
-5.6%
Total Days on Market
94
Views
47
Current Estimated Value
$1,589,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,398
Avg. Annual Appreciation
-2.08%
Original Mortgage
$1,280,000
Outstanding Balance
$1,277,858
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$311,744

Purchase Details

Closed on
Nov 3, 2004
Sold by
Stryker Betty A
Bought by
Stryker Betty A and Stryker Marital Trust

Purchase Details

Closed on
Dec 22, 2003
Sold by
Stryker Betty A
Bought by
Stryker Betty A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,600,000 Wfg National Title
Grant Deed -- Wfg National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,280,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $1,600,000 -5.6% $489 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
10/17/2024 10/17/24 For Sale $1,695,000 -- $518 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $4,705 $243,273 $72,970 $170,303
2022 $4,399 $238,504 $71,540 $166,964
2021 $4,420 $233,829 $70,138 $163,691
2020 $4,522 $231,432 $69,419 $162,013
2019 $6,672 $226,895 $68,058 $158,837
2018 $4,446 $222,447 $66,724 $155,723
2017 $4,443 $218,086 $65,416 $152,670
2016 $4,021 $213,811 $64,134 $149,677
2015 $5,593 $210,600 $63,171 $147,429
2014 $3,384 $206,476 $61,934 $144,542
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81984070

MLSListings

APN: 008-143-310