About 510 Avenue Alhambra
Introducing a prime investment opportunity in El Granada, CA. This impressive multifamily property boasts 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 Nestled in the coastal community of El Granada, this investments 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.
Features of 510 Avenue Alhambra
| MLS® # | ML82025504 |
|---|---|
| Price | $3,667,500 |
| Square Footage | 9,756 |
| Acres | 0.32 |
| Year Built | 1973 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 510 Avenue Alhambra |
|---|---|
| Area | Lower El Granada |
| City | EL GRANADA |
| County | San Mateo |
| State | CA |
| Zip Code | 94018 |
Amenities
| Utilities | Individual Electric Meters |
|---|---|
| Parking Spaces | 2 |
| View | Ocean View, Panoramic |
| Is Waterfront | No |
Interior
| Heating | Other |
|---|---|
| Cooling | No Cooling |
| Fireplace | No |
Exterior
| Lot Description | Grade - Sloped Down |
|---|---|
| Roof | Tar and Gravel Roof, Rolled Composition |
| Construction | Wood Frame |
| Foundation | Other Foundation |
Additional Information
| Zoning | C-1 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Randy Kinghorn |
|---|---|
| Office | Kinghorn Commercial Properties |
| Contact Info | 650-918-4388 |