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Listed by Joel Hopman • Newmark Cornish & Carey, DRE#01934574
$ 3,400,000
Est. payment /mo
New
8725 La Honda RD La Honda, CA 94020
3 Beds
5.5 Baths
9,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $354
MLS Listing ID ML82065237
Bedrooms 3
Full Baths 5
Half Baths 1
Year Built 1961
Lot Size 2.290 Acres
Property Sub-Type Five or More Units
Property Description
The Creekside Village is a unique and well maintained opportunity consisting of: a large 3+1.5 SFH owners-unit; (7) Studios; (7) 1+1s; (2) 2+2s; and (1) Commercial unit. Set on +/- 2.25 acres of four contiguous parcels in the Santa Cruz Mountains, this impeccably maintained property features a serene greenspace setting of wooded forest and tranquil La Honda Creek. Excellent in-place financial performance (CAP: 6.39% and 7.78 GIM) with upside. Perfect for owner-occupier or investor alike.
Location
State CA
County San Mateo
Area Cuesta / La Honda
Zoning H10000
Interior
Heating Electric, Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Assigned Spaces, Common Parking Area, Unassigned Spaces
Garage Spaces 2.0
Utilities Available Propane On Site
Roof Type Composition,Shingle
Building
Foundation Concrete Perimeter
Sewer Septic Tank / Pump
Water Well
Others
Restrictions None
Tax ID 083-370-050
Security Features None
Special Listing Condition Not Applicable
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