Introducing a prime investment opportunity in El Granada, CA. This impressive multifamily property boasts a 9,756 SF building with 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, Sams 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.
Listed by Randy Kinghorn
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License #01743580
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Kinghorn Commercial Properties
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650-918-4388
Last updated September 03, 2025
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Source: MLSListings #ML82006251
Listing Facts
TypeMulti-family
NeighborhoodGranada Highlands
Days on Prevu124
Size9,756 sqft
Price per sqft$388
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
09/04/2025
Status changed to Active
$3,790,000
09/01/2025
Status changed to Expired
$3,790,000
07/08/2025
Price Decreased
$3,790,000
05/09/2025
Listed by Kinghorn Commercial Properties
$4,000,000
Property Details for Avenue Alhambra
Association
General
Number Of Units In Community: 9
Exterior
Construction
Roof: Rolled/Hot Mop, Tar/Gravel
Year Built: 1973
Architectural Style: Other
Measurements
Building Area Total: 9,756
Lot Features: Grade - Sloped Down
Lot Size Acres: 0.33
Lot Size Area: 14,490
Lot Size Square Feet: 14,490
Financial
Taxes
Parcel Number: 047-204-110
Interior
Features
Appliances: Oven Range - Electric, Washer/Dryer - Some Units
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