496 6th St., Montara, CA 94037 - ML81775266 - iPro Real Estate
iPro Real Estate

iPro Real Estate

496 6th St.
Montara, CA 94037

Active Contingent, Multi-Family/Income Sale

For Sale

$2,800,000 $286.80 per sqft

Free Professional CMA

Listing ID : ML81775266

  • Garage

    22
  • Structure / Lot Size

    9,763 Sqft / 0.9183 Acre
  • Year

    1914

Description

Unique multi use property that was formerly the Old Montara Grammar School circa 1915; rich in character & history. Currently used as a residence and dance school under a use permit that also allows for weddings & community events. The spacious large auditorium & elevated stage is adjacent to a large patio & gardens. There is also a catering warming kitchen, separate mens/ womens bathrooms and a dance studio. The second level that once housed 4 classrooms features a foyer with several offices, a dance studio, a large open family & dining room with fireplace, second full kitchen and several bedrooms. Plus a one bedroom, one bath rental apartment with private access and its own large yard. This ideal work, play and live property sits on a 40,000 sq ft lot comprised of 8 lots of 5,000 sq ft each. There is potential to develop two lots. Located close to Half Moon Bay and just 25 minutes from San Francisco.

Details

Type: Multi-Family/Income Sale 
Subdivision: East Of Highway 1 Montara 
MLS Area: East of Highway 1 Montara 
County: San Mateo 
Security Features: None 
Tax ID: 036-091-250
School District: Cabrillo Unified
Building Size: 9,763 SqFt 
Cap Rate: 0.00% 
Days on Market: 479 
Access Features: Parking 
Amenities: High Ceiling , Skylight 
Cooling: Central Forced Air - Gas 
Flooring: Hardwood, Tile, Other 
Foundation: Concrete Perimeter 
Horse Property: No
Kitchen: Cooktop - Electric, Hood Over Range, Oven - Built-In, Oven - Electric, Oven Range - Electric, Refrigerator 
Laundry: Washer / Dryer 
Number of Buildings: 1 
Parking Spaces: 15 
Property Type: Commercial Sale 
Roof: Bituthene 
Sewer: Sewer - Public 
Sub Type: Mixed Use or Other Multi-Unit 
Utilities: Public Utilities 
View: Ocean 
Water: Public 
Zoning: R10006 

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Interactive

37.540436 -122.509933 $2,800,000 ML81775266
496 6th St., Montara, CA 94037
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Area Information 94037

Population:

3,618 Up .02% since 2010
Average Income:
$162,667
Average Age:
45Years
Gender:
47.64%Male
52.36%Female
Households:
1,34431.9% with children
Average Value:
$1,217,125
Occupancy:
79.53%Owned
20.47%Rented
4.46%Vacant
Education:
13.1%High School
7.57%Associate
33.24%Bachelor
21.43%Graduate
Average Residency:
27Years
Crime Rate:
Very Low
Annual Rainfall:
30.46Inches
Earthquake Risk:
Very High
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Very Low

Nearby Schools Cabrillo Unified

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History

Date Transaction Price Mortgage Amt & Lender
Date
Dec 15, 2020
Transaction
Contingent - Residential Income (2-4 units)ML81775266
Price
$2,800,000
Mortgage Amt & Lender
- -

Mortgage Calculator

Listed by Runa Magowan with Coldwell Banker Realty

Based on information from the MLSListings MLS) as of 3/5/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 3/5/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes