Coastal Nine-Unit Apartment
510 Avenue Alhambra El Granada, CA
510 Avenue Alhambra, El Granada, CA, 00000
$3,750,000
For Sale
$3,750,000
Beach Surf View Apartments is a nine-unit multifamily property with ocean views and individually metered all-electric units.
Days on Market76
Property Features for 510 Avenue Alhambra
General Information
- Standard status
- Active
Listing agency
Compass
(415) 786-9410
Listed by
Nate Gustavson · License #DRE #01898316
(415) 786-9410
Source
Exprealty
Added: May 7 Updated: Jul 20 at 4:49PM Checked: Jul 20 at 4:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
Beach Surf View Apartments is a well-maintained nine (9) unit multifamily property built in 1973. The unit mix includes three (3) 2-bedroom/1-bath penthouse units and six (6) classic 2-bedroom/1-bath units. Each unit is individually metered and served by all-electric appliances. The penthouse units feature in-unit washer/dryers, while units without in-unit laundry have access to on-site laundry.
The property is sited on a 14,490 square foot lot with approximately 9,756 square feet of improvements and 7,479 square feet of rentable space. Amenities include nine (9) carports plus two (2) open spaces, bike storage, resident storage lockers, and an owners storage room with a bathroom and sink. SB-721 inspection is completed and has passed. The location is described as a short 10-minute walk to the beach and coastal promenade.
Financial highlights provided with the offering include a 5.13% cap rate and a 13.01 GRM.
The property is sited on a 14,490 square foot lot with approximately 9,756 square feet of improvements and 7,479 square feet of rentable space. Amenities include nine (9) carports plus two (2) open spaces, bike storage, resident storage lockers, and an owners storage room with a bathroom and sink. SB-721 inspection is completed and has passed. The location is described as a short 10-minute walk to the beach and coastal promenade.
Financial highlights provided with the offering include a 5.13% cap rate and a 13.01 GRM.
Key Highlights
- 9‑unit multifamily at 510 Avenue Alhambra in El Granada, in the Pillar Point neighborhood
- Ocean views from every unit
- Unit mix: 3 penthouse 2BD/1BA (~1,000 SF each) plus 6 2BD/1BA units (~675 SF each)
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Beach Surf View Apartments is a nine-unit multifamily property with ocean views and individually metered all-electric units.
Where is this apartment building located?
The property is located at 510 Avenue Alhambra El Granada, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 9‑unit multifamily at 510 Avenue Alhambra in El Granada, in the Pillar Point neighborhood; Ocean views from every unit; Unit mix: 3 penthouse 2BD/1BA (~1,000 SF each) plus 6 2BD/1BA units (~675 SF each)
