Comm Ri Multi-units 5+ For Sale
3,600 Sqft - 1609 Palmetto Avenue, PACIFICA, California 94044
Property Description
Wonderful investment opportunity! 1609 Palmetto is a well maintained building on a highly visible corner lot. Four residential units on the top floor, two units updated upon recent vacancies, three commercial units on the ground floor with consistent rents. New roof, new water heater and 4 parking spots for residents. Views of the ocean, steps away from the beach and Pacifica Pier, close to local shopping and restaurants and Highway 1 making transportation a breeze. A great opportunity to make this your trophy property.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81868010
Price : $2,400,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3,600 Sqft
Year Built : 1959
Lot Area : 0.11 Sqft
Features
Heating System : Forced Air 1 Zone
Address Map
Country : US
State : CA
County : San Mateo
City : PACIFICA
Zipcode : 94044
Street : Palmetto Avenue
Street Number : 1609
Floor Number : 0
Longitude : W123° 30' 28.9''
Latitude : N37° 38' 10.9''
MLS Addon
Office Name : Gilmartin Group
Building Type : Other
Area : West Sharp Park
Address : 1609 Palmetto Avenue
LA1User Code : MLL101114
LA1Agent First Name : Tim
LA1Agent Last Name : Gilmartin
Status Category : Active
Tot # Parking Spaces : 4
Tot # of Units : 7
Zoning : CL00
List $/SqFt : $0
Age : 62
Apx Lot Sq Ft : 4,792 Sqft
Type of Building : Apt Complex
Annual Taxes : $27,109
Total Deposits : $0
FLOORING : Tile
ON-SITE PARKING DESC : Spaces - Assigned
OPERATING EXPENSES : Maintenance/repair, Trash Removal, Vacancy Factor, Water
TENANT PAYS : Electric, Gas
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 3.09
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $2,400,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 136800
Net Oper Income : 74112
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 16589
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 17.54
List Agent DRE Num. : 00841354
Filtered Address : 1609 Palmetto AVE
Branded Media Link : https://1609palmettoave219684.f8re.com/
LA1Agent License ID : 00841354
LA1Old Agent ID : 93664
LA1NRDS_ID : 199010461
LA2Agent First Name : Kathryn
LA2Agent Last Name : Gerhardt
LA2User Code : MLL494044
LA2Old Agent ID : 277398
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 016-022-280
Showing : Call First
LO2Office Name : Gilmartin Group
LO1Main Office ID : 62063
LO1Board ID : 0
LO2Office Identifier : 62063
LO2Main Office ID : 62063
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : No
VOW AVM : Yes
Status Detail : 0
Search Price : 2400000
Address Search Number : 1609
Listing Agent : 190664
Listing Office : 62063
Co-List Agent : 274915
Listing Office 2 : 62063
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 30
Input Date : 25/10/2021 19:11:53
Update Date : 30/10/2021 04:12:36
PhotoTimestamp : 30/10/2021 02:07:53
First Photo Add Timestamp :
List Date : 25/10/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 25/10/2021
Price Date :
Off Market Date :
Status : Active
Dual Variable : Yes
HOA : No
City Transfer Tax : No
Off Market Status Date :
LVT Date :
DOMLS : 5
Cumulative DOMLS : 5
Unit # 1 # of Bedrooms: 2
Unit # 2 # of Bedrooms: 1
Unit # 2 Rent: 1750
Unit # 3 Approx. SqFt: 1100
Unit # 4 Approx. SqFt: 850
Unit # 5 Approx. SqFt: 450
