380 Esplanade AVE

PACIFICA, CA, 94044

$29,925,000

$521 per ft²
$29,925,000
$521 per ft²
Active
Active
 - For Sale
carpenters-square
57,367 ft²
property_type
Commercial
calendar
Built 1962
Investors have the opportunity to acquire one of eight oceanfront multifamily properties along the coastline of Pacifica. The Bluffs at Pacifica offers tenants and residents beautifully designed three-bedroom, two-bedroom, one-bedroom and studio floor plans that feature modern unit amenities and scenic views. The subject property has recently undergone significant interior and exterior renovations costing approximately $1.7 million. Interior improvements include updated kitchens, stainless steel appliances, granite countertops, smart thermostats, smart door locks, in-unit washer and dryer, and wood flooring throughout. The subject property has recently been reinforced with a quarry stone revetment and a soil nail wall that extends from below the top of the revetment to near the bluff top costing nearly $7 million. These additions have contributed to the overall expenditure cost of approximately $8.7 million and greatly improved the property's resilience and longevity.
MLS® ID:
ML81921138
Updated:
5/28/23

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
3.26 acres lot
Roof
Flat / Low Pitch
Sewer
Sewer Connected

Other Property Details

Area Name
659
Garage
Yes
Garage Spaces
6
Parking
Carport, Detached Garage
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters
Water Source
Public
Pool
Yes
Zoning
R30000

Courtesy of Marcus & Millichap, Adam Levin,
Listing Contact: 650-492-0934 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Thomas Nguyen shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 12:30 PM UTC, 5/28/23

 

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