60 Paloma Ave - Apartments FOR SALE


Pacifica, CA 94044- Sharp Park
$2,400,000 USD
415-625-2111
60 Paloma Ave, Pacifica, CA for Sale
$2,400,000 USD
Apartments - FOR SALE
1/10
null | Request Cap Rate

60 Paloma Ave
Pacifica, CA 94044
Sharp Park


HIGHLIGHTS

  • Easy access to Hwy 1, I-280, BART, and major commuter routes to San Francisco and Silicon Valley
  • High tenant retention in tight rental market
  • Each unit has private outdoor space

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to own a well-maintained 5-unit multifamily property in the highly desirable coastal city of Pacifica, just minutes from San Francisco. Located in Sharp Park, a quiet residential neighborhood with strong rental demand and limited inventory, this income-producing asset offers long-term stable cash flow in one of the Bay Area's most resilient rental markets. The building is compromised of four 2 bed 1 bath units and one junior 1 bedroom unit. Tenants enjoy four individual private garages and 4 side by side parking spaces along with a laundry room on the ground floor.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$632 USD /SF

# OF UNITS

5

PRICE/UNIT

$480,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,487 SF

ZONING

R3, Pacifica

APN/PARCEL ID

016-012-280

ASK ABOUT THIS PROPERTY

Angelo BaglieriMarcus & MillichapMore Info
415-625-2111

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Angelo BaglieriMarcus & MillichapMore Info
415-625-2111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.