380 Esplanade AVE, Pacifica, CA 94044
- $29,925,000
- 57,367
- SqFt
- List Price
- $29,925,000
- MLS#
- ML81921138
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 57,367
- Lot Size
- 142,005
- Listing Area
- Pacific Manor
- Year Built
- 1962
Property Description
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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Additional Information
- Acres
- 3.26
- Age
- 61
- Cooling System
- None
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Carport, Detached Garage
- Heating System
- Wall Furnace
- Living Area
- 57,367
- Lot Size
- 142,005
- Neighborhood
- Pacific Manor
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Flat / Low Pitch
- Sewer
- Sewer Connected
- Special Features
- None
- Unincorporated Yn
- Yes
- Zoning
- R30000
Mortgage Calculator
Listing courtesy of Adam S. Levin from Marcus & Millichap. 650-492-0934
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