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8125 La Honda Road
La Honda, California, United States

Description

AS-IS sale. Please do not disturb tenants. Additional 3,050sf parcel included, APN 083-180-070, total approx 1.43 acres. Very pretty creekside location of legendary Boots & Saddles Restaurant. Land is mostly flat, sloping gently down at back to creek. The site of the (now removed) restaurant building is a lovely grassy area for enjoyment of all tenants. Open parking area off-road can accommodate many vehicles, with plenty of room for safe turnaround. 4 rental homes of unknown age - 3 could be 100 yrs old +/-, one is newer. These homes are always rented & in high demand by local people, low vacancy rate. Current low rents reflect arrangement that tenants perform some general maintenance. Compensation for oversight by one long-term tenant of 20 yrs is equivalent of 2 months rent. Private/mutual water system is maintained by San Mateo Co under Service Area #7. Buyer to do own investigations and verify all information, incl sq.ft. of buildings, sq.ft. of parcels, zoning, permits.

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