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listing
1 of 21
CommercialFor Sale
$29,925,000
380 Esplanade Avenue
Pacifica, CA 94044
Listed by: Adam S. Levin from Marcus & Millichap, 650-492-0934
MLS: MLSListings, Inc.
Est. Mortgage
$154,567/mo

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.

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Based on information from the MLSListings MLS as of 02/25/2024 04:49 PM. 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.
Information courtesy of Marcus & Millichap is subject to verification and is not guaranteed.
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