NOT LISTED FOR SALE

122 Hilton Way Pacifica, CA 94044

Sharp Park Neighborhood
-- Bed
-- Bath
9,987 Sq Ft
9,474 Sq Ft Lot

Last Sold December 07, 2018

Last sale price $4,300,000 $431 Per Sq Ft

145 Days on Market

Highlights

  • Coin Laundry
  • Terra Nova High School Rated A-
  • The river is a source of water for the property

About This Home

As of December 2018

Showings 7/18, 7/20, 7/26 from 11am to 12pm | NO RENT CONTROL | Two Penthouse Units & Ocean View from 7 Units | Five Minute Walk to the Beach | Twenty Minute Drive to 1.1M jobs in San Francisco & Silicon Corridor | Close Proximity to Daly City (4.7 mi), South San Francisco (5.8 mi), & San Bruno (6.2 mi) BART | Pacifica Provides Many Lifestyle Benefits (Golfing, Surfing, and Hiking) | (2) 1BRx1BA & (6) 2BRx1BA | Avg Unit Size of 917 SF

Last Agent to Sell the Property

Michael Colhoun

ARA Cal, Inc. License #01464496 Listed on: 07/14/2018

Last Buyer's Agent

Robert Johnston

Marcus & Millichap License #01853816

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 9,474 Sq Ft Lot

Parking

  • 6 Car Garage
  • Off-Street Parking

Home Design

  • Bitumen Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 9,987 Sq Ft Home
  • 3-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • The river is a source of water for the property

Listing and Financial Details

  • Total Actual Rent $261,600

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 8 Leased Units
  • Gardener Expense $600
  • Insurance Expense $2,913
  • Maintenance Expense $2,400
  • Other Expense $6,000
  • Utility Expense $11,162
  • Operating Expense $73,551
  • Gross Income $249,888

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

6

Listing Details

  • Zoning: Residential
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 9987
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 9987
  • Stories: 3
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Bitumen

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Covered Parking, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2175
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9476.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9476.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.21
  • Number Of Leased: 8

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2913
  • Expense Landscape: 600
  • Expense Maintenance: 2400
  • Expenses Other: 6000
  • Expenses Total: 73551
  • Expenses Utility: 11162
  • Income Annual Gross: 249888.00
  • Income Annual Rental: 261600
  • Income Gross Scheduled: 263040
  • Income Includes: Laundry
  • Income Other: 1440
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2018 12/07/18 Sold $4,300,000 +7.5% $431 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $4,000,000 +36.8% $401 / Sq Ft
10/26/2016 10/26/16 Sold $2,925,000 0.0% $293 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $2,925,000 -- $293 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Colhoun

    ARA Cal, Inc.

  • Robert Johnston

    Buyer's Agent in 2018

    Robert Johnston

    Marcus & Millichap

    (510) 304-8077

    131 Total Sales

    Robert Johnston
    Section Image

  • P

    Seller's Agent in 2016

    Phillip Boersma

    M.B. Property Group

    (415) 722-6412

    1 Total Sale

    Phillip Boersma
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81714638

MLSListings
California San Mateo County Pacifica 94044 Sharp Park

122 Hilton Way, Pacifica, CA

Not Listed for Sale

MultiFamily

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