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380 Esplanade Ave
Pacifica, CA 94044
The Bluffs at Pacifica Apartments · Multifamily Property For Sale
·
64 Units
Investment Highlights
- Investors have the opportunity to acquire one of eight oceanfront multifamily properties along the coastline of Pacifica.
- The subject property has recently undergone significant interior and exterior renovations costing approximately $1.7 million.
- Tenants and residents enjoy attractive community amenities including private parking, electric vehicle charging, and an on-site fitness center.
- The Bluffs at Pacifica offers tenants and residents beautifully designed three-bedroom, two-bedroom, one-bedroom and studio floor plans.
- The subject property has recently been reinforced with a quarry stone revetment and a soil nail wall costing nearly $7 million.
Property Facts
| No. Units | 64 | Building Size | 57,367 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.31/1,000 SF |
| Lot Size | 2.78 AC | ||
| Zoning | R30000, Pacifica | ||
| No. Units | 64 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 2.78 AC |
| Building Size | 57,367 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1963 |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | R30000, Pacifica |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Disposal
- Microwave
- Storage Space
- Washer/Dryer
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Views
- Carpet
- Freezer
- Patio
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Fitness Center
- Tenant Controlled HVAC
- Gated
- Storage Space
- Elevator
- Lounge
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 18 | - | 500 - 590 |
| 1+1 | 15 | - | 600 - 725 |
| 2+1 | 26 | - | 925 - 950 |
| 2+2 | 4 | - | 1,100 - 1,500 |
| 3+1 | 1 | - | 1,400 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,796,007 | |
| Land Assessment | $11,522,198 | Total Assessment | $16,318,205 |
Property Taxes
Parcel Numbers
Land Assessment
$11,522,198
Improvements Assessment
$4,796,007
Total Assessment
$16,318,205
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