About 73 Carmel Avenue
73 Carmel Ave is a charming four-unit building, each featuring two bedrooms and one bathroom. Every unit includes two carport parking for tenants. With a gross annual income of $111,276 and an impressive 4.94% actual cap rate, this property represents a solid investment opportunity. Located just half a block from the water, the property offers easy access to Highway 1, nearby restaurants, schools, and more. Additionally, 73 Carmel Ave connects to 65 Carmel Ave, which is also available for sale. Buyers have the option to purchase either property separately or together for a comprehensive investment. Seller financing options are available. Don't miss out on this fantastic opportunity!
Features of 73 Carmel Avenue
| MLS® # | 425032248 |
|---|---|
| Price | $1,499,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 3,072 |
| Acres | 0.10 |
| Year Built | 1963 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
Community Information
| Address | 73 Carmel Avenue |
|---|---|
| Area | Pacifica |
| City | Pacifica |
| County | San Mateo |
| State | CA |
| Zip Code | 94044 |
Amenities
| Utilities | Common Area Meter, Sewer Connected, Natural Gas Connected |
|---|---|
| View | Water |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Free-Standing Electric Range, Free-Standing Refrigerator |
|---|---|
| Cooling | None |
| Fireplace | No |
| # of Stories | 2 |
| Has Basement | No |
Exterior
| Lot Description | Shape Regular, Sidewalk |
|---|---|
| Roof | Flat |
| Construction | Stucco |
School Information
| District | San Mateo |
|---|
Additional Information
| Date Listed | April 18th, 2025 |
|---|
Listing Details
| Agent | Jenny He |
|---|---|
| Office | Jenny He Realty Associates |