Multifamily
2408 Palmetto Ave
2408 Palmetto Ave, Pacifica, CA 94044
Listing Price: $3,500,000
Investment Overview
This eight-unit apartment building offers a robust investment opportunity with steady rental income, appreciation potential, and prospective tax benefits. Each unit comes with a dedicated garage space, adding to the property's appeal. Located in a high-demand area, the property experiences low vacancy rates. The recent upgrades lower maintenance costs and enhance tenant satisfaction.
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, beachcombing, 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. Public transportation options are available, and San Francisco International Airport (SFO) is around a 20-minute drive away, enhancing convenience for frequent travelers.
The area boasts a variety of amenities, including shopping centers, grocery stores, and diverse dining options, with Linda Mar Shopping Center being a local favorite. Recreational opportunities abound, from Pacifica State Beach (Linda Mar Beach) and Rockaway Beach to the trails in the Santa Cruz Mountains. The Pacifica School District and Jefferson Union High School District serve the educational needs of the community, with several public and private schools nearby.
Pacifica enjoys a mild Mediterranean climate, characterized by cool, wet winters and dry, mild summers, with frequent summer fog. Points of interest include the Pacifica Pier, Mori Point, Shelldance Orchid Gardens, and Sharp Park Golf Course, each offering unique recreational and scenic experiences.
Overall, 2408 - 2412 Palmetto offers a blend of natural beauty, community amenities, and accessibility, making it an attractive place to live in the Bay Area.
Exclusively Listed By
Listing Price: $3,500,000
Investment Highlights
- Fully Leased Eight-Unit Ocean-View Apartment Building
- Each Unit Has a Private Garage With Washer & Dryer Hookups.
- Modern Interiors
Investment Overview
This eight-unit apartment building offers a robust investment opportunity with steady rental income, appreciation potential, and prospective tax benefits. Each unit comes with a dedicated garage space, adding to the property's appeal. Located in a high-demand area, the property experiences low vacancy rates. The recent upgrades lower maintenance costs and enhance tenant satisfaction. 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, beachcombing, 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. Public transportation options are available, and San Francisco International Airport (SFO) is around a 20-minute drive away, enhancing convenience for frequent travelers. The area boasts a variety of amenities, including shopping centers, grocery stores, and diverse dining options, with Linda Mar Shopping Center being a local favorite. Recreational opportunities abound, from Pacifica State Beach (Linda Mar Beach) and Rockaway Beach to the trails in the Santa Cruz Mountains. The Pacifica School District and Jefferson Union High School District serve the educational needs of the community, with several public and private schools nearby. Pacifica enjoys a mild Mediterranean climate, characterized by cool, wet winters and dry, mild summers, with frequent summer fog. Points of interest include the Pacifica Pier, Mori Point, Shelldance Orchid Gardens, and Sharp Park Golf Course, each offering unique recreational and scenic experiences. Overall, 2408 - 2412 Palmetto offers a blend of natural beauty, community amenities, and accessibility, making it an attractive place to live in the Bay Area.
Exclusively Listed By
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