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60 Paloma Ave 5 Unit Apartment Building $2,400,000 ($480,000/Unit) Pacifica, CA 94044
INVESTMENT HIGHLIGHTS
- Easy access to Hwy 1, I-280, BART, and major commuter routes to San Francisco and Silicon Valley
- Each unit has private outdoor space
- High tenant retention in tight rental market
EXECUTIVE SUMMARY
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.
SELLER IS OFFERING VERY FAVORABLE TERMS FOR FINANCING. PLEASE CONTACT ANGELO FOR DETAILS.
SELLER IS OFFERING VERY FAVORABLE TERMS FOR FINANCING. PLEASE CONTACT ANGELO FOR DETAILS.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$169,020
|
$44.48
|
| Other Income |
$2,400
|
$0.63
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$171,420
|
$45.11
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $169,020 |
| Annual Per SF | $44.48 |
| Other Income | |
|---|---|
| Annual | $2,400 |
| Annual Per SF | $0.63 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $171,420 |
| Annual Per SF | $45.11 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $2,400,000 | Building Class | C |
| Price Per Unit | $480,000 | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 4,120 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1969 |
| Apartment Style | Low-Rise | Parking Ratio | 0.97/1,000 SF |
| Zoning | R3, Pacifica | ||
| Price | $2,400,000 |
| Price Per Unit | $480,000 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,120 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 0.97/1,000 SF |
| Zoning | R3, Pacifica |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | 850 |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 016-012-280 | Improvements Assessment | $986,494 (2025) |
| Land Assessment | $1,044,524 (2025) | Total Assessment | $2,031,018 (2025) |
PROPERTY TAXES
Parcel Number
016-012-280
Land Assessment
$1,044,524 (2025)
Improvements Assessment
$986,494 (2025)
Total Assessment
$2,031,018 (2025)
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60 Paloma Ave
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