Glenwood Estates 89509

10/11/2024

10/08/2024

Looking for an Airbnb or Short Term Rental for our longtime family friend. I can vouch for the OWNER who lives in an unbelieveable home in Danville, CA he built. The rental will be well taken care of.

Needs a 3BD/2BA minimum in the centralized Reno/Sparks area. Not downtown unless secured/gated etc. They will have tools in their vans that will need to be protected.

The rental will start next week and go for 4 weeks. They are not doing concrete work, roofing etc. They are doing a project inside Walmart which is electrical type of tenant improvment.

12/08/2023

ANOTHER $150K Price Reduction!! There is not one property in or around Pacifica/San Francisco Peninsula at this investment level and this high of an ROI.

Now $1.75M. 6-plex **ZONED MULTI USE** Pacifica, CA 1-block from Ocean & 3 blocks North of Pacifica Municipal Pier.

Current CAP RATE 6.65%- Proforma 7.82%. 8%CAP RATE WILL BE REACHED!

(1)-2BD/1BA- (1)-1BD 1.5BA- (4) 1BD/1BA.

*4 units remodeled March 2023-New Commercial Water Heater

*4 of the 6 rents are below market value-3 of those 4 are month to month leases

*Beautifully remodeled Front unit is $1,000.00 below market rents and on month to month lease.
*Front unit on street was formerly a Tax office-Converted to Residential. It can be converted to retail again.

*Garage (approx 450sqft) was formerly used as a Fish Tank service business. "Fish Doctor Aquarium Service, Pacifica, CA"
*Turn garage into an additional unit or use for storage rental
*Approximately 20 storage lockers in rear of carport

*Airbnb ELIGIBLE! Pacifica has a total of 150 STR permits and I confirmed over half are still available!

*16 minutes from South San Francisco-21 minutes from San Francisco Civic Center
The ROI on this property will reach 8%+CAP once all the space is utilized/rented. Currently at 6.65%CAP with below market rents; 7.82%CAP just by adjusting rents to fair market.

*All financials available upon request.

Billy de Haan
[email protected]
CA Lic # 01880198
NV Lic # S.0171605
Cell-925-789-0402

Mixed Use property for sale at 1720 Palmetto Ave, Pacifica, CA 94044. Visit Crexi.com to read property details & contact the listing broker.

12/06/2023

5 Star review from my seller who was a Realtor herself up until a couple years ago. From the start of the remodel to the close of escrow-40 days! Highest sales price in the development for a 2BD/2BA by $10K!💲💲💲💲💲
NV Lic # S.171605
CA DRE # 01880198
[email protected]
925-789-0402

07/29/2021

Just saw this on Neighbors:

05/05/2021

You’ll get it.