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533 Alto Avenue, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 2 bed, 2 bath

533 Alto Avenue, Half Moon Bay, California 94019 home-pic-0
ACTIVE$999,000
533 Alto Avenue, Half Moon Bay, California 94019
2Beds
2Baths
480Sqft
4,800Lot
Year Built
1952
Close
-
List price
$999K
Original List price
$1.1M
Price/Sqft
$2,081
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025960
Home ConditionGood
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $999.0K(4th), sqft - 480(4th), beds - 2(11th), baths - 2(36th).

Experience the coastal lifestyle and income opportunity in sought-after East Miramar! This rare two-unit beach cottage compound features a charming 1 bed/1 bath main home (~480 sq ft) with hardwood floors and a fully permitted 1 bed/1 bath ADU (~532 sq ft) showcasing luxury vinyl plank flooring, stainless steel appliances, butcher-block countertops, recessed lighting and its own washer/dryer setup. Set on a 4,800 sq ft lot, this property offers incredible flexibility as a second home, short-term rental, or investment. The ADU is turnkey and income-ready, while the main house invites cozy coastal living. Excellent location just off Highway 1, and a short walk to the beach, Coastal Trail. The coast offers an abundance of outdoor recreation activities including hiking, biking, surfing, paddleboarding, kayaking, and more. A quick commute to Downtown Half Moon Bay, San Francisco, Silicon Valley, and SFO. Don't miss this dual-unit Half Moon Bay gem, your beach escape and income stream in one!

Nearby schools

6/10
El Granada Elementary School
Public,•K-5•0.7mi
3/10
Manuel F. Cunha Intermediate School
Public,•6-8•2.5mi
6/10
Half Moon Bay High School
Public,•9-12•2.0mi

Price History

Date
Event
Price
11/23/25
Price Change
$999,000-9.1%
10/25/25
Listing
$1,099,000
Condition Rating
Good
This property is a dual-unit compound with distinct conditions. The Accessory Dwelling Unit (ADU) is in excellent condition, featuring luxury vinyl plank flooring, stainless steel appliances, butcher-block countertops, recessed lighting, and a modern bathroom with contemporary tiling and fixtures. This unit appears to have been recently built or extensively renovated within the last 5 years. The main home, built in 1952, has hardwood floors and appears well-maintained, but its bathroom shows older tiling and fixtures, and the overall aesthetic (e.g., bi-fold doors, light fixtures) suggests it has not undergone a full recent renovation, placing it in the 'fair' category. However, the significant recent upgrade and modern amenities of the ADU, which constitutes nearly half of the property's living space, elevate the overall property condition to 'good'. Both units are move-in ready, with the ADU offering modern living and the main house providing charming, functional space, though some buyers might consider cosmetic updates for the main house.
Pros & Cons

Pros

Income-Generating Dual Units: The property features a rare two-unit compound with a fully permitted, turnkey ADU, offering significant income potential through short-term rentals or long-term leases.
Exceptional Coastal Location: Situated in sought-after East Miramar, a short walk to the beach and Coastal Trail, providing immediate access to outdoor recreation and the desirable Half Moon Bay lifestyle.
High Investment Flexibility: Ideal for various buyer profiles, serving as a primary residence with rental income, a lucrative short-term rental, or a strategic investment property.
Modern ADU Amenities: The Accessory Dwelling Unit boasts contemporary finishes including luxury vinyl plank flooring, stainless steel appliances, butcher-block countertops, and its own washer/dryer, enhancing its appeal and rentability.
Convenient Regional Access: Excellent connectivity via Highway 1, offering quick commutes to Downtown Half Moon Bay, San Francisco, Silicon Valley, and SFO, broadening its appeal to commuters and visitors.

Cons

Limited Individual Unit Sizes: Both the main home (~480 sq ft) and the ADU (~532 sq ft) are relatively small, which might limit appeal for buyers seeking more spacious living arrangements.
Age of Main Residence: Built in 1952, the main cottage is older and, without specific mention of recent renovations, may require updates to match the modern standards of the ADU.
High Price Per Square Foot: The list price of $999,000 for a combined ~1012 sq ft represents a premium price point, which could be a barrier for some buyers despite the dual-unit and coastal benefits.

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