Half Moon Bay Triplex
430 Pine AVE, Half Moon Bay 94019
MULTI_FAMILY - HALF MOON BAY
Property size:
3,834 SFLot size:
0.14 AcresPrice / SF:
$339/SF- Added:
- May 22, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 1 at 1:06 pm
Property Features for 430 Pine AVE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R30000
- Bedrooms
- 7
- Rooms
- Bedroom 7, Bedroom 3, Bedroom 5, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 1, Laundry Room
- Parking
- 3
- Parking features
- Assigned, Covered, Garage - Attached
- Fireplace
- 1
- Appliances
- Oven Range - Electric
- Standard status
- Active Under Contract
- Size
- 3,834 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Natural Gas, Central, Fireplace(s), Forced Air
- Water source
- Public
Building Details
- Year built
- 1987
- Number of units
- 3
- Flooring type
- Carpet
- Roof type
- Shingle
Listing agent Faye Liu License #01877732 (415) 217-9387
Listing office Compass 1377 El Camino Real, San Francisco, CA (650) 462-1111
Listing date May 22, 2026
MLS# ML82037447
Listing URL
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Prime Location: West of Hwy 1, near downtown Main Street, and within walking distance to the beach, schools, park, Coastal Trail, farmers market, dining, and shops.
- Ample Parking: Each unit has up to 3‑car parking spaces with attached garage, attached carport, and driveway.
- Separate Utilities: Each unit has its own separate water, gas, and electrical meters, with tenants responsible for all utilities including trash.
- New Roof: Brand new roof installed in 2024 with a 10‑year warranty.
- Triplex with Diverse Unit Sizes: Offers a mix of unit sizes (3 beds/2 baths and 2 beds/1 bath) to attract a wider range of tenants.
- Convenient Commute: Easy commute to San Francisco, Silicon Valley, and coastal areas.
Overview
This attractive triplex building is located west of Highway 1, near downtown Main Street. Situated on a tranquil corner lot, the two-level building offers ample parking, with each unit accommodating up to three vehicles via an attached garage, carport, and driveway space. The ground level features three separate laundry rooms and Unit 430, which includes three bedrooms and two bathrooms within approximately 1326 square feet. The upper level houses Unit 432 and Unit 434, each with a similar floor plan of approximately 924 square feet, containing two bedrooms and one bathroom. Each unit is equipped with separate water, gas, and electrical meters, and tenants are responsible for all public utilities, including trash. A new roof was installed in 2024 and comes with a 10-year warranty. The property is within walking distance of the beach, schools, a park, the Coastal Trail, a farmers market, dining options, and shops, all within half a mile. It also provides convenient commuting access to San Francisco, Silicon Valley, and coastal areas. The lot size is 0.1377 acres and the property size is 3834 square feet. The zoning is R30000. This property presents a valuable investment opportunity.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.2k | $44.40 |
| − Vacancy | −$11.1k | −$2.89 |
| EGI | $159.2k | $41.51 |
| − OpEx | −$47.7k | −$12.45 |
| NOI | $111.4k | $29.06 |
3,834 SF · lease $44.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.59M
$1.39M – $1.86M
NOI $111,415 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$1.49M
$1.30M – $1.74M
NOI $104,350 @ 7.0% cap · market cap 8.03%
Theoretical Best
Warehouse
$3.05M
$2.66M – $3.55M
NOI $213,177 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Half Moon Bay
- County
- San Mateo
- State
- Longitude
- -122.436969
- Latitude
- 37.464953
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Attractive triplex near downtown, beach, and amenities.
Where is this triplex located?
The property is located at 430 Pine AVE Half Moon Bay.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime Location: West of Hwy 1, near downtown Main Street, and within walking distance to the beach, schools, park, Coastal Trail, farmers market, dining, and shops.; Ample Parking: Each unit has up to 3‑car parking spaces with attached garage, attached carport, and driveway.; Separate Utilities: Each unit has its own separate water, gas, and electrical meters, with tenants responsible for all utilities including trash.
