$ 3,500,000
2408 Palmetto AVE Pacifica, CA 94044
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$ 3,500,000
Est. payment | /mo
8,820 Sqft Lot
$ 3,500,000
Est. payment | /mo
8,820 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81971412
HOA Y/N No
Year Built 1961
Annual Tax Amount $45,715
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 699 - Not Defined
Zoning R2
Interior
Heating Wall Furnace
Fireplace No
Exterior
Roof Type Flat
Schools
School District Other
Others
Tax ID 016315300
Special Listing Condition Standard
Listed by Fred Rubio • Marcus & Millichap
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Connie Coughlin
REALTOR® | Lic# 01415359