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1 Paloma AvenuePacifica, CA 94044

For Sale

$2,995,000

Smart Buyer Rebate $29,950

Don't miss this rare opportunity to invest in a 4-Unit Ocean Front apartment building! All units have a private balcony or ground floor outdoor space with breathtaking ocean views!
1 Paloma Avenue offers Coastal Living at its finest - Unobstructed wide ocean views, Ocean front walking trails, 1 street over from Palmetto Avenue, which offers shopping, eating, and entertainment! Close access to HWY-1 & I-280 and only 20 minutes to SF.
2 units offer (3) bedrooms & (1.5) bath and 2 units offer (2) bedrooms & (1) bathroom. Each unit has an enclosed garage space.

Listed by Terry A. Ford

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License #00908217

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Coastside Associates Real Estate

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650-438-2504

Last updated June 17, 2025

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Source: MLSListings #ML81997993

Listing Facts

  • TypeMulti-family
  • NeighborhoodSalada Beach
  • Days on Prevu180
  • Taxes$19,560/year
  • Size5,119 sqft
  • Price per sqft$585

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

05/05/2025
Status changed to Active
$2,995,000
05/04/2025
Status changed to Removed from Feed
$2,995,000
03/14/2025
Listed by Coastside Associates Real Estate
$2,995,000

Property Details for 1 Paloma Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Tar/Gravel
  • Stories: 2
  • Year Built: 1964
  • Year Built Details: 2

Features

  • View: Ocean

Measurements

  • Building Area Total: 5,119
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,050
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,050
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.53
  • Gross Income: $109,200.00
  • Operating Expense Includes: Insurance, Maintenance, Trash, Water/Sewer

Taxes

  • Parcel Number: 016-011-110
  • Tax Annual Amount: $19,560.00

Interior

Measurements

  • Living Area: 5,119

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Attached Garage

Schools

Elementary School

  • Elementary School District: Pacifica

High School

  • High School District: Jefferson Union High

Utilities

Equipment

  • Heating: Gas, Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.