$1,550,000

466 Willow Ave Half Moon Bay, CA 94019

Estimated payment $10,133/month

Total Views 1,259
7 Beds
4 Baths
3,145 Sq Ft
$493 Price per Sq Ft

About This Home

Solid investment Triplex, with prime coastal location - 466 Willow Ave, Half Moon Bay. Secure your foothold in the resilient Half Moon Bay rental market with this fully occupied, well-maintained triplex. Offering 3,145 sqft., 7 bedrooms, and 4 baths, on a 5,000 sqft. lot, the property generates steady cash flow, today, with clear upside through rental adjustments. Key advantages: location, location, location - west of highway 1, minutes walk to beaches, coastal trail, and downtown amenities. Three-car garage space, plus laundry facility for tenant convenience. Low maintenance and strong tenant retention, in a low vacancy, coastal community. With Half Moon Bay's enduring appeal for residence who crave ocean proximity, without sacrificing peninsula accessibility, this asset delivers both current returns, and long-term appreciation.

Listing Agent

Kristjan Higdon

eXp Realty of California Inc License #01948080 Listed on: 03/31/2026

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Home Design

  • 3,145 Sq Ft Home
  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Parking

  • 2 Parking Spaces
  • 3 Carport Spaces

Utilities

  • Heating Available
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $780
  • Insurance Expense $2,500
  • Maintenance Expense $2,500
  • Utility Expense $5,295
  • Trash Expense $3,120
  • Operating Expense $34,667
  • Gross Income $95,280

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

5,009 Sq Ft Lot

Listing Details

  • Zoning: R30000
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3145
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3145

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport, Parking Area
  • Carport Min: 3

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Gross Rent Multiplier: 16.27
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Landscape: 780
  • Expense Maintenance: 2500
  • Expenses Total: 34667
  • Expenses Utility: 5295
  • Expense Trash: 3120
  • Income Annual Gross: 95280.00
  • Income Annual Rental: 95280
  • Income Gross Scheduled: 95280
  • Income Includes: Laundry, Rents
  • Meters: Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $21,424 $1,580,348 $920,066 $660,282
2023 $21,424 $318,590 $95,567 $223,023
2022 $6,861 $312,344 $93,694 $218,650
2021 $6,436 $306,220 $91,857 $214,363
2020 $6,112 $303,081 $90,916 $212,165
2019 $7,180 $297,139 $89,134 $208,005
2018 $7,290 $291,314 $87,387 $203,927
2017 $6,517 $285,603 $85,674 $199,929
2016 $7,174 $280,004 $83,995 $196,009
2015 $6,125 $275,799 $82,734 $193,065
2014 $6,614 $270,398 $81,114 $189,284
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 For Sale $1,550,000 -- $493 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $134,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82041051

MLSListings

APN: 056-143-220

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