2408 Palmetto Avenue

Pacifica, CA 94044

$3,500,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1961

calendar_month Built

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.

Listing Information

List Price $3,500,000
Status Active
MLS ML81971412
HOA $0
Type Commercial
Year Built 1961
Lot Size 8,820
Structure Size N/A
DOM 93
Courtesy Of Marcus & Millichap
Listing Agent Fred Rubio DRE#01984041
Co-Listing Agent Paisley Vartanian DRE#01790592

Interior Features

Total Bedroom
Bedrooms N/A

Exterior Information

Maps

Listing information courtesy of: Fred Rubio, Paisley Vartanian, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:31 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.