Stephanie Vogt
The median home value in El Granada, CA is $1,471,500.
This is
lower than
the county median home value of $1,500,000.
The national median home value is $308,980.
The average price of homes sold in El Granada, CA is $1,471,500.
Approximately 71% of El Granada homes are owned,
compared to 24% rented, while
5% are vacant.
El Granada real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact El Granada real estate agent to arrange a tour today!
Learn more about El Granada.
Welcome to the Beach Surf View Apartments located at 510 Avenue Alhambra in El Granada; a rare coastal nine (9) unit multifamily investment opportunity in the highly desirable Pillar Point neighborhood of El Granada. -- This well-maintained property offers stunning ocean views from every unit and an exceptional unit mix of three (3) spacious 2-Bedroom/1-Bath Penthouse units (~1,000 sqft) and six (6) classic 2-Bedroom/1-Bath units (~675 sqft). -- Originally constructed in 1973 and situated on a 14,490 sqft lot, the property features approximately 9,756 sqft of improvements with 7,479 sqft of rentable space. Each unit is individually metered with all-electric appliances, and the penthouse units include in-unit washer/dryers. -- Property amenities include nine (9) carports plus two (2) open spaces, on-site laundry for units without in-unit laundry, bike storage, resident storage lockers, and an owners storage room with bathroom and sink. -- SB-721 INSPECTION IS COMPLETED/PASSED, offering added peace of mind for investors. Ideally located just a short 10-minute walk to the beach and coastal promenade, this asset combines strong in-place income (5.25% cap rate & 12.75 GRM) with long-term upside in one of the Peninsulas most supply-constrained coastal communities.
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