For sale

$1,390,000

470 Willow Ave, Half Moon Bay, CA 94019

7beds

4baths

3,065sqft

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Triplex, Residential Income

Built in 1964

-- sqft lot

$1,344,200 Zestimate^®

$454/sqft

$-- HOA

What's special

Solid investment Triplex, with prime coastal location - 470 Willow Ave, Half Moon Bay. Secure your foothold in the resilient Half Moon Bay rental market with this fully occupied, well-maintained triplex. Offering 3,065 sqft., 7 bedrooms, and 4 baths, on a 5,000 sqft. lot, the property generates steady cash flow, today, with clear upside through rental adjustments. Key advantages: location, location, location - west of highway 1, minutes walk to beaches, coastal trail, and downtown amenities. Three-car garage space, plus laundry facility for tenant convenience. Low maintenance and strong tenant retention, in a low vacancy, coastal community. With Half Moon Bay's enduring appeal for residence who crave ocean proximity, without sacrificing peninsula accessibility, this asset delivers both current returns, and long-term appreciation.

8 hours

52

1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4

Heating

Electric

Cooling

None

Interior area

Total structure area: 3,065
Total interior livable area: 3,065 sqft

Property

Parking

Total spaces: 3
Parking features: Carport, Parking Area
Carport spaces: 3

Accessibility

Accessibility features: Parking

Lot

Size: 5,000 Square Feet

Details

Parcel number: 056143150
Zoning: R30000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Residential Income

Materials

Foundation: Concrete Perimeter and Slab
Roof: Composition

Condition

Year built: 1964

Utilities & green energy

Gas: IndividualGasMeters, PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

Community & HOA

Location

Region: Half Moon Bay

Financial & listing details

Price per square foot: $454/sqft
Tax assessed value: $1,580,348
Annual tax amount: $20,472
Date on market: 3/31/2026
Listing agreement: ExclusiveRightToSell
Inclusions: Building

Estimated market value

$1,344,200

$1.28M - $1.41M

$4,096/mo

Price history

Date	Event	Price
7/20/2026	Listed for sale	$1,390,000-10.3%$454/sqft
Source: MLSListings Inc #ML82041052 Report a problem
5/8/2026	Listing removed	$1,550,000$506/sqft
Source: eXp Realty #ML82041052 Report a problem
4/1/2026	Listed for sale	$1,550,000$506/sqft
Source: MLSListings Inc #ML82041052 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$22,674 +5.8%	$1,580,348 +2%
2024	$21,424 +193.2%	$1,549,362 +386.3%
2023	$7,307 +6.5%	$318,590 +2%
2022	$6,861 +6.6%	$312,344 +2%
2021	$6,436 +5.3%	$306,220 +1%
2020	$6,112 -8.9%	$303,081 +2%
2019	$6,710 -0.1%	$297,139 +2%
2018	$6,719 -15.2%	$291,314 +2%
2017	$7,927 +14.8%	$285,603 +2%
2016	$6,905 -6.5%	$280,004 +1.5%
2015	$7,386	$275,799 +2%
2014	$7,386	$270,398 +0.5%
2013	--	$269,177 +2%
2012	--	$263,900
2011	--	$263,900 +2.8%
2010	--	$256,793 -0.2%
2009	--	$257,405 +2%
2008	--	$252,358 +2%
2007	--	$247,411 +2%
2006	--	$242,561
2005	--	$242,561 +4%
2004	--	$233,144 +1.9%
2003	--	$228,872 +2%
2002	--	$224,385 +2%
2001	--	$219,987 +2%
2000	--	$215,674

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 94019

Getting around

86 / 100

Very Walkable

82 / 100

Very Bikeable

Nearby schools

GreatSchools rating

4/10
Alvin S. Hatch Elementary School
Grades: K-5Distance: 0.2 mi
4/10
Manuel F. Cunha Intermediate School
Grades: 6-8Distance: 0.3 mi
7/10
Half Moon Bay High School
Grades: 9-12Distance: 0.6 mi

Schools provided by the listing agent

District: CabrilloUnified

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.