Sterling Park, CA homes for sale & real estate

Sterling Park, CA Homes for Sale

Stunning Fully Rented Triplex with 5% Cap Rate in the Heart of Colma, CA! Welcome to this beautifully renovated triplex at 448, 450, and 450 1/2 E St in Colma, CA. Completely updated with permits, this property offers modern amenities and is compliant with todays standards, making it move-in ready for generational living or an ideal turn-key investment. This fully rented property generates a total monthly income of $10,749, or an annual income of $131,433.30, plus the additional laundry income from the laundry room at the property. Tenants pay for their utilities, leading to a cap rate of 5% at the list price of $2,015,000. Its the perfect opportunity for investors looking for a stable, low

Sterling Park, CA Homes for Sale

Fourplex available on a peaceful, mostly single family residential street in Colma. This well cared for building has updated kitchen and bathrooms in all units, permit for roof 2017, permit for ext. deck/staircase 2021, double pane windows. A short stroll to the Colma BART Station. The property has a large, unused, portion of the lot to the rear of the building. The Colma Planning Department has expressed a desire to allow two ADU units to be located on this property. Here is a unique opportunity for your savvy investor.