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122 Madrid Avenue El Granada, CA 94018
$1,800,000 0 beds, 0 baths
3, 746 sqft
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Agent Remarks

Just a short jaunt to Surfers Beach and Princeton Harbor on Half Moon Bay! Convenient to multiple (really good!) restaurants, the famous Mavericks Big Surf venue, the Half Moon Bay Yacht Club and Half Moon Bay General Aviation Airport. And oh, BTW, a terrific community in which to raise kids! Low crime rate and good schools. This fully leased residential 4-plex includes four large 1-bedroom, 1-bath units of identical floorplans. Each unit has its own covered parking and storage closet in the shared garage. The upstairs units have private decks, and the rear downstairs unit has a private patio. The large, shared back yard has potential for an ADU. The coin-op washer and dryer provide additional cash income for the property owner. This very well-located property has great owner-occupancy potential rent out 3 of the units and live virtually free in the 4th unit! An apartment building of 4 or fewer units, with the owner occupying one of the units, qualifies for a single-family owner-occupied loan, generally at lower than apartment rates!

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# ML81975713
List price is $1,800,000 Reduced by $100,000 on 3/16/2025
Beds: 0
Baths: 0
Built in 1965
3,746 sqft
0.14 acres
Lot size: 0.1435
County: San Mateo
Zoning: R30000
Appliances: Disposal,Range Hood,Vented Exhaust Fan
Parking description: Off Street
Lot description: Level
Heating/cooling: None
MLS area: 699 - Not Defined

Last Updated: 3/16/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.506428, -122.481709.
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Listing Agent: David Worden
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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