466 Willow Street, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 0 bed, 0 bath
Loading property details...
Half Moon Bay, California 94019
This Prime Coastal Triplex Asset is listed at $1,550,000—positioned well below the $1,562,137 Fair Market Value by 1%. This valuation gap provides $12,137 in Instant Equity for an incoming owner. Currently in Fair Condition Rating, the 1964 structure offers significant upside through modernization of its 7 bedrooms and 4 baths. Located west of Highway 1 near beaches and the coastal trail, the property benefits from high rental demand and a Three-Car Garage. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Investors seeking long-term appreciation in a low-vacancy market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 466 Willow Street Subject | $1,550,000* List Price | 0 | 0 | 3,145 | $497 | - |
A 470 Willow Avenue Active | $1,550,000 List Price | 0 | 0 | 3,065 | $506 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, this triplex is described as well-maintained but shows signs of aging infrastructure typical for its era. While the exterior appears functional with updated vinyl windows, the lack of interior photos suggests the kitchens and bathrooms likely feature older styles and finishes. The cracked asphalt parking area and 60-year-old structure align with the 'Fair' condition, indicating a property that is functional through regular upkeep but requires modernization to meet current aesthetic standards.
Situated west of Highway 1, the property is within walking distance to beaches, the coastal trail, and downtown amenities, ensuring high tenant demand and long-term appreciation.
This fully occupied triplex provides steady revenue from day one, with clear upside potential for investors through future rental adjustments in a low-vacancy market.
The inclusion of a three-car garage and on-site laundry facilities adds significant value and convenience, contributing to the property's history of strong tenant retention.
Built in 1964, the property may require more frequent maintenance or capital expenditures to update older systems compared to more modern residential income assets.
With a 3,145 sqft building footprint on a 5,000 sqft lot, there is minimal private yard or outdoor common area for tenants, which may limit the property's appeal to certain demographics.
Solid investment Triplex, with prime coastal location - 466 Willow Ave, Half Moon Bay. Secure your foothold in the resilient Half Moon Bay rental market with this fully occupied, well-maintained triplex. Offering 3,145 sqft., 7 bedrooms, and 4 baths, on a 5,000 sqft. lot, the property generates steady cash flow, today, with clear upside through rental adjustments. Key advantages: location, location, location - west of highway 1, minutes walk to beaches, coastal trail, and downtown amenities. Three-car garage space, plus laundry facility for tenant convenience. Low maintenance and strong tenant retention, in a low vacancy, coastal community. With Half Moon Bay's enduring appeal for residence who crave ocean proximity, without sacrificing peninsula accessibility, this asset delivers both current returns, and long-term appreciation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1964 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 31, 2026
$1,550,000
Initial Listing