171 Shelter Cove Drive, EL GRANADA

$1,325,000

4 Beds
3 Baths
2,670 Sqft
.13 Acres
2 Garages

Excellent value on the coast! Two legal rental units with leases through fall 2020 producing $6,150/mo, $73,800/yr. Only $496/sq ft, perfect for investors wanting a 1031 exchange. Upper level approx 1,670 sq ft with 3 bedrooms, 2 baths, large living room & dining room, 2 car garage with W/D, and spacious deck with views of Pillar Point to the West and Santa Cruz Mountains to the East. Lower level ADU/in-law unit measures approx 1,000 sq ft, which is larger than many small homes! ADU: 1 bedroom, 1 bathroom, open floor plan kitchen/dining/living room, its own W/D, it's own heat and AC, street parking. Large fenced yard is shared. Enhanced sound-resistance was added to the ceiling, providing quiet for both tenants. Continue as a rental income property, or easily combine the two separate living spaces back into a single-family home. Easy commute to SF or Peninsula. Come see what the nature-loving 'Coastsider' life has to offer the savvy investor! (Note: Some photos show virtual staging.)

Essential Information
MLS® #52213786
Price$1,325,000
Bedrooms4
Bathrooms3.00
Full Baths3
Square Footage2,670
Acres0.13
Year Built1969
TypeResidential
Sub-TypeDetached
StatusActive
Community Information
Address171 Shelter Cove Drive
AreaAll Other Counties/States
CityEL GRANADA
CountySan Mateo
StateCalifornia
Zip Code94018
Amenities
Parking Spaces2
ParkingAttached Garage
# of Garages2
GaragesAttached Garage
Interior
HeatingForced Air 2 Zns or More
CoolingOther
FireplaceYes
# of Fireplaces1
FireplacesWoodburning
Exterior
Lot DescriptionLevel
RoofComposition Shingles
FoundationSlab
School Information
DistrictNot Listed
Additional Information
Date ListedOctober 21st, 2019
ZoningR100
Listing Details
AgentStephanie Sills
OfficeCompass
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Listing information last updated on November 17th, 2019 at 10:31am PST.