510 Avenue Alhambra Immeuble residentiel 9 lots 3 483 400 € (387 044 €/Lot) Taux de capitalisation 4,39 % Half Moon Bay, CA 94019

PROPERTY DESCRIPTION
Introducing a prime investment opportunity in El Granada, CA. This impressive multifamily property boasts a 9,756 SF building with 9 units, all currently leased. Each unit is spacious, features stunning ocean views and a bonus room that can function as a second bedroom. Additionally, three units are equipped with their own washer/dryer. With the building having been freshly painted in April 2025, and a strong rental market with low inventory, this is a unique chance to capitalize on a highly sought-after asset.
LOCATION DESCRIPTION
Nestled in the coastal community of El Granada, this investment’s location offers the ideal blend of natural beauty and urban convenience. Located near the Pillar Point Harbor, this vibrant area is celebrated for its stunning coastal views, freshly caught fish and outdoor recreational opportunities. The nearby Half Moon Bay Brewing Company, Sam’s Chowder House and other local eateries provide residents with a variety of dining experiences. The property's proximity to popular surfing, kayaking, fishing, mountain biking and hiking destinations appeals to those tenants seeking an active lifestyle. With easy access to Highway 1, residents can enjoy a seamless commute to high paying employment in the nearby urban centers.