$1,298,000
Total Views 1,234
3 Beds
3 Baths
1,908 Sq Ft
$680 Price per Sq Ft

Highlights

  • Ocean View
  • Balcony
  • Double Pane Windows
  • Traditional Architecture
  • 2 Car Attached Garage
  • Storage Room

About This Home

Please do not disturb occupants. Wonderfully maintained CASH FLOWING duplex walking distance to downtown Half Moon Bay. Main house is a 3 bed 2 bath and was fully remodeled 5 years ago. Long term wonderful tenants. Studio above garage also has wonderful long term tenants. Slider doors in both units were replaced within the last 4 years. Very low maintenance property. Total of 5 assigned parking spaces - two in the garage and 3 assigned. Fantastic rents - excellent income property opportunity.

Listing Agent

Maryann Ernst

KW Advisors License #01758548 Listed on: 03/09/2026

KW Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 4,944 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Property Views

  • Ocean
  • Mountain

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,908 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Storage Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • 1,908 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Operating Expense $17,980
  • Gross Income $76,392

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

4,944 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R30000
  • Subclass: Duplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Dishwasher, Exhaust Fan, Oven Range - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1908
  • Stories: 1
  • Laundry: Washer / Dryer
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • View: Mountains, Ocean
  • Yard/Grounds: Back Yard, Fenced, Balcony / Patio, Sprinklers - Lawn, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Central Forced Air - Gas, Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 30
  • HOA Exist: Yes

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1135
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4944.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4944.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.99
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 500
  • Expenses Total: 17980
  • Income Annual Gross: 76392.00
  • Income Annual Rental: 76392
  • Income Gross Scheduled: 76392
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Association, Fee - Property Tax
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

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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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

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 $17,056 $1,368,958 $1,220,389 $148,569
2023 $17,056 $1,315,800 $1,173,000 $142,800
2022 $15,981 $1,290,000 $1,150,000 $140,000
2021 $12,848 $1,020,430 $735,824 $284,606
2020 $13,124 $1,009,968 $728,280 $281,688
2019 $12,629 $990,165 $714,000 $276,165
2018 $6,427 $420,856 $126,249 $294,607
2017 $6,176 $412,605 $123,774 $288,831
2016 $6,012 $404,516 $121,348 $283,168
2015 $6,843 $398,441 $119,526 $278,915
2014 $6,591 $390,637 $117,185 $273,452
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2026 03/09/26 For Sale $1,298,000 -- $680 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $1,290,000 North American Title Co Inc
Quit Claim Deed -- Amrock Inc
Grant Deed $971,000 Chicago Title Co
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- North American Title Company
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- North American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $967,500 New Conventional
Previous Owner $620,000 New Conventional
Previous Owner $300,000 No Value Available
Previous Owner $300,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82037815

MLSListings

APN: 056-502-110

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