NOT LISTED FOR SALE
4 Beds
4 Baths
3,000 Sq Ft
9,148 Sq Ft Lot

Last Sold July 07, 2017

Last sale price $1,690,000 $563 Per Sq Ft

87 Days on Market

Highlights

  • Traditional Architecture
  • Balcony
  • Laundry Room
  • Terra Nova High School Rated A-
  • 4 Car Detached Garage
  • Tile Flooring

About This Home

As of July 2017

Fantastic investment opportunity in Pacifica! This two building fourplex is located a short distance from the beach, Sharp Park Golf Course, public transportation and commute routes to San Francisco or the Peninsula. Each unit is 750+/- square feet with one bedroom and one full bathroom. Each unit also has one garage space. There is a community coin operated laundry. One of the units has recently been remodeled. Buyer to cooperate with seller's 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Juliette Kulda

KW Advisors License #70010081 Listed on: 03/27/2017

KW Advisors

Co-Listed By

Donald Miele

KW Advisors License #01702290

Last Buyer's Agent

Chris Sabido

Corcoran Icon Properties License #01712312

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1990

Lot Details

  • 9,148 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 4 Car Detached Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 3,000 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $102,000
  • Month-to-Month Lease Term

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,109
  • Maintenance Expense $1,237
  • Other Expense $1,128
  • Utility Expense $1,958
  • Trash Expense $1,788
  • Operating Expense $29,209
  • Gross Income $100,548

Additional Features

  • 3,000 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1990

Lot Details

0

Parking

4

Listing Details

  • Zoning: R30000
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Laminate, Countertop - Stone, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3000
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, On Street

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 0.2100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9149.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9149.00

Green Features

  • Energy Features: Low Flow Toilet

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.53
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2109
  • Expense Landscape: 1200
  • Expense Maintenance: 1237
  • Expenses Other: 1128
  • Expenses Total: 29209
  • Expenses Utility: 1958
  • Expense Trash: 1788
  • Income Annual Gross: 100548.00
  • Income Annual Rental: 102000
  • Income Gross Scheduled: 102600
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2
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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
07/07/2017 07/07/17 Sold $1,690,000 -6.1% $563 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
03/27/2017 03/27/17 For Sale $1,799,000 -- $600 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81644017

MLSListings