171 Shelter Cove Drive, EL GRANADA

$1,325,000

0 Beds
0 Baths
5,642 Sqft
.13 Acres
0 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® #52214012
Price$1,325,000
Square Footage5,642
Acres0.13
Year Built1969
TypeResidential Income
Sub-TypeDUPLEX
StatusActive
Community Information
Address171 Shelter Cove Drive
AreaAll Other Counties/States
CityEL GRANADA
CountySan Mateo
StateCalifornia
Zip Code94018
Amenities
Parking Spaces2
ViewMountains
Interior
HeatingForced Air 1 Zone
Exterior
Lot DescriptionLevel
RoofComposition Shingles
Additional Information
Date ListedOctober 23rd, 2019
ZoningR100
Listing Details
AgentStephanie Sills
OfficeCompass
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Listing information last updated on November 17th, 2019 at 7:01am PST.