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Rick Lee

rickjleehomes@gmail.com +1(714) 943-1598

$ 3,500,000

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2408 Palmetto AVE Pacifica, CA 94044

6,520 SqFt

UPDATED:

09/30/2024 05:31 PM

Key Details

Property Type Commercial

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

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

Rick Lee

Team Leader | License ID: 02130981

+1(714) 943-1598

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Rick Lee

Rick Lee

2408 Palmetto AVE Pacifica, CA 94044

Key Details

Location

Interior

Exterior

Schools

Others

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2408 Palmetto AVE