2408 Palmetto Avenue
Pacifica, CA 94044
Active for $3,500,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 8,820 sqft
MLS | ML81971412 |
Year Built | 1961 |
Property Type | |
County | San Mateo |
Status | Active |
Active | $3,500,000 |
Structure Size | N/A sqft |
Lot Size | 8,820 sqft |
Beds | N/A |
Baths |
Description
This eight-unit ocean-view apartment building offers a robust investment opportunity with steady rental income, appreciation potential, and prospective tax benefits. Each unit comes with a dedicated garage, adding to the property's appeal. Located in a high-demand area, the property experiences low vacancy rates. 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, beach combing, 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.
Listing information courtesy of: Fred Rubio, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.