Investment Overview

Marcus & Millichap is pleased to present a rare and unique development opportunity in the heart of Pacifica, CA. This expansive 3-acre property is divided into two distinct parcels, each offering incredible potential for multifamily and commercial development. The first parcel is part of the Pacifica Housing Element and is approved for up to 69 low-income housing units. This parcel is ideal for developers looking to contribute to the community with affordable housing options. The second parcel, zoned C-2, is suitable for an additional 34 multifamily units based on the Pacifica Zoning Code, making it perfect for mixed-use development with both commercial and residential components. Located just minutes away from Pacifica’s stunning beaches, this property offers a serene and scenic environment for future residents. It is conveniently situated near major employers in the San Francisco Bay Area, making it an attractive location for working professionals. With easy access to major highways, including Highway 1 and Interstate 280, the property ensures seamless connectivity to San Francisco, Silicon Valley, and beyond. The surrounding area boasts local schools, parks, shopping centers, and dining options, offering a well-rounded lifestyle for residents. Nestled in a picturesque coastal community known for its natural beauty, hiking trails, and outdoor recreational activities, this property provides an exceptional opportunity for developers to create a significant impact in a thriving community.