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Multifamily

127 Hilton Way

127 Hilton Way, Pacifica, CA 94044

Listing Price: $2,400,000

Cap Rate
5.23%
Number of Units
6
GRM
12.37
Occupancy
97.0%
Price/Unit
$400,000
Price/Gross SF
$326.53
Gross SF
7,350

Investment Overview

This six-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.
127 Hilton Way 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 accessible public 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, and tenants frequenting Eureka Square or Manor Center given proximity. Across the street from the Pacifica Library. Recreational opportunities abound, from Pacifica State Beach (Linda Mar Beach), Rockaway Beach and the trails of Sweeney Ridge, Montara Mountain, and Devil's slide.
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, 127 Hilton Way offers a blend of natural beauty, community amenities, and accessibility, making it an attractive place to live in the Bay Area.

Investment Highlights

  • Fully Leased Six-Unit Ocean-View Apartment
  • Located in a Residential Neighborhood Where Residents Benefit From Proximity to Local Amenities
  • Shared Garages and Patio

Exclusively Listed By

Multifamily

127 Hilton Way

Listing Price: $2,400,000

Cap Rate
5.23%
Number of Units
6
GRM
12.37
Occupancy
97.0%
Price/Unit
$400,000
Price/Gross SF
$326.53
Gross SF
7,350

Investment Highlights

  • Fully Leased Six-Unit Ocean-View Apartment
  • Located in a Residential Neighborhood Where Residents Benefit From Proximity to Local Amenities
  • Shared Garages and Patio

Investment Overview

This six-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. 127 Hilton Way 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 accessible public 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, and tenants frequenting Eureka Square or Manor Center given proximity. Across the street from the Pacifica Library. Recreational opportunities abound, from Pacifica State Beach (Linda Mar Beach), Rockaway Beach and the trails of Sweeney Ridge, Montara Mountain, and Devil's slide. 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, 127 Hilton Way 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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