$3,500,000
2408 Palmetto Avenue Pacifica, CA 94044
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$3,500,000
Est. payment /mo
6,520 SqFt
Active
2408 Palmetto Avenue Pacifica, CA 94044
UPDATED:
09/30/2024 05:39 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,520 sqft
Price per Sqft $536
MLS Listing ID ML81971412
HOA Y/N No
Year Built 1961
Lot Size 8,820 Sqft
Acres 0.2
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 Listing
Zoning R2
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Appliance Dishwasher, Refrigerator
Exterior
Parking Type Attached
Building
New Construction No
Others
Tax ID 016315300
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Listed by Fred Rubio • Marcus & Millichap
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