2408 Palmetto AVE, Pacifica, CA 94044 – ML81971412 - Pete Ruiz

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Pete Ruiz

peteruiz@kw.com +1(831) 277-8712

$ 3,500,000

Est. payment | -/mo

3 Beds

2 Baths

6,520 SqFt

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$ 3,500,000

Est. payment | -/mo

Save

3 Beds

2 Baths

6,520 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,520 sqft

Price per Sqft $536

MLS Listing ID ML81971412

Bedrooms 3

Full Baths 2

Year Built 1961

Lot Size 8,820 Sqft

Property Description

This eight-unit ocean-view apartment building offers a robust investment opportunity with steady rental income, appreciation potential, and prospective tax benefits. Each unit comes with a dedicated garage, adding to the property's appeal. Located in a high-demand area, the property experiences low vacancy rates. 2408 - 2412 Palmetto is situated in the picturesque coastal city of Pacifica, California, within San Mateo County. Known for its stunning ocean views, hiking trails, and six-mile coastline with public accessible beaches. Pacifica is a favored destination for surfing, beach combing, and various outdoor activities. The address is located in a residential neighborhood where residents benefit from proximity to local amenities. Accessibility is a notable feature, with access to Highway 1 (Cabrillo Highway) facilitating travel to nearby cities such as San Francisco and Daly City.

Location

State CA

County San Mateo

Area West Sharp Park

Zoning R2

Rooms

Kitchen Countertop - Granite, Exhaust Fan

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Flooring Vinyl / Linoleum

Exterior

Garage Attached Garage

Garage Spaces 8.0

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer in Street

Water Water On Site

Others

Restrictions None

Tax ID 016-315-300

Miscellaneous High Ceiling ,Vaulted Ceiling

Security Features None

Special Listing Condition Not Applicable

Listed by Fred Rubio • Marcus & Millichap

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Pete Ruiz

Agent | License ID: 01974535

peteruiz@kw.com

+1(831) 277-8712

7777 Alvarado Rd, La Mesa, CA, 91942, USA