Myrtle, Half Moon Bay, California 94019, Half Moon Bay, 94019 - 4 bed, 2 bath
Myrtle
Half Moon Bay, California 94019
Property Price
SUMMARY
Analysis of Myrtle, Half Moon Bay, California 94019 reveals a property with a current list price of $1,299,000, which is 5% above the estimated $1,232,192 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Half Moon Bay Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ Myrtle Subject | $1,299,000* List Price | 4 | 2 | 1,600 | $770 | - |
A 303 Filbert Street Sold | $1,260,000 | 4 | 2 | 1,620 | $778 | 0.2 mi |
B 417 Belleville Boulevard Sold | $1,180,000 | 3 | 2 | 1,420 | $831 | 0.8 mi |
C 754 Vasques Drive Active | $1,399,000 List Price | 3 | 3 | 1,778 | $787 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1903, this property is explicitly listed 'as is' with 'unrealized potential,' indicating significant deferred maintenance and the need for substantial repairs and rehabilitation. The absence of any interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are in very outdated or poor condition. While not explicitly stated as 'unlivable,' the description points to a property that requires extensive work to meet modern standards, likely affecting safety and comfort.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Coastal Location
Situated in the vibrant south downtown area of Half Moon Bay, offering a highly sought-after beach community lifestyle with local amenities.
- Significant Development Potential
The spacious 7,638 sqft lot allows for the possibility of incorporating an Accessory Dwelling Unit (ADU), and there's a large bonus attic area for future expansion.
- Income-Generating Duplex Configuration
The property has been converted to a duplex, providing immediate rental income streams for an investor.
CONSRISKS & DEFICIENCIES
- Tenant Occupied with Below-Market Rents
Long-term tenants with very low rents will remain in possession at close of escrow, limiting immediate income optimization and posing challenges for owner-occupancy.
- "As-Is" Sale & Deferred Maintenance
Sold in 'as-is' condition, combined with its 1903 build year, suggests significant potential for required repairs, upgrades, and deferred maintenance costs.
- Potential Legal/Permitting Issues
Described as a 'Single Family Residence' but noted as a converted duplex, which may indicate a non-conforming use or unpermitted conversion requiring buyer due diligence.
About Myrtle
PRICED for quick sale- Now an Opporfunity! Years ago, this classic nostalgic early 1900's home apparently was converted to a duplex (very long term tenants at very low rents).Excellent location plus a ton of unrealized potential! Well located in the south downtown area of the colorful and diverse culture of the beach community known lovingly by locals and visitors alike as HMB! The spacious lot allows for both patios + gardening; along with the possibility of incorporating an ADU. AND BE SURE not to forget to have your agent ask the listing agent for details of the very large bonus Attic area . Sold "as is" with tenants to remain in possession at close of escrow.. Also listed in multi-class.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1903
- Lot Size
- 7,638 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 35% |
| Square foot | 1,600 | 2,105 | 24% |
| Lot Size | 7,638 | 7,500 | 59% |
| Price | $1.30M | $1.59M | 17% |
| Price per sq ft | $812 | $802 | 52% |
| Built year | 1903 | 1976 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 1219 | 177 | 0% |
Pricing History
Listed for Sale
Sep 3, 2025
$1,299,000
Initial Listing
Price Change
Nov 4, 2022
$1,499,000
Initial Listing