NOT LISTED FOR SALE

2416 Palmetto Ave Pacifica, CA 94044

Sharp Park Neighborhood
4 Beds
5 Baths
3,414 Sq Ft
3,485 Sq Ft Lot

Last Sold October 02, 2014

Last sale price $1,015,000 $297 Per Sq Ft

74 Days on Market

Highlights

  • Golf Course View
  • Deck
  • Building Patio
  • Terra Nova High School Rated A-
  • Balcony
  • Level Lot

About This Home

As of October 2014

Unique opportunity to own a muli unit building a stones throw from the beach at Sharp Park. Walk to golf, hiking, biking, transportation, and fish at the pier. Upgraded and updated with enclosed parking, laundry, backyard patio, fresh paint, newer roof, newer electrical. Easy to rent.

Last Agent to Sell the Property

Lommori Stahl Group

REMAX Gold Pacifica License #70010022 Listed on: 06/14/2014

REMAX Gold Pacifica

Last Buyer's Agent

Paul Beaudreau

Gilmartin Group License #01910286

Gilmartin Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 3,485

Property Views

  • Golf Course
  • Mountain
  • Neighborhood

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,414 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $54,000
  • The owner pays for garbage

Community Details

Overview

  • 3,414 Sq Ft Building

Amenities

  • Building Patio
  • Laundry Facilities

Building Details

  • Operating Expense $2,725
  • Gross Income $51,300

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 297.31
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3414
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3414
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Community Facility, Gas Hookup, In Garage
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle, Composition
  • View: Mountains, Local/Neighborhood, Golf Course
  • Yard/Grounds: Balcony / Patio, Deck

Garage/Parking

  • Garage Parking Features: Gate / Door Opener, Common Parking Area, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Common

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3480.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3480.00
  • Lot Size Area Min Search: 3480.00
  • Maximum Lot Size: 3480.00

Green Features

  • Energy Features: Caulked/Sealed, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.22
  • Min Rent1 Bed1 Bath: 1090
  • Min Rent2 Bed1 Bath: 550

Multi Family

  • Expenses Total: 2725
  • Income Annual Gross: 51300.00
  • Income Annual Rental: 54000
  • Income Gross Scheduled: 54000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Tax, Utilities - Water
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2700
  • Vacancy Factor: 5

Range of Values:

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Value Increase
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Percent Increase
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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
10/02/2014 10/02/14 Sold $1,015,000 -15.4% $297 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
06/14/2014 06/14/14 For Sale $1,200,000 -- $351 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lommori Stahl Group

    Seller's Agent in 2014

    Lommori Stahl Group

    RE/MAX

    (650) 868-0461

    12 in this area

    105 Total Sales

    Lommori Stahl Group
    Section Image
  • Paul Beaudreau

    Buyer's Agent in 2014

    Paul Beaudreau

    Gilmartin Group

    (650) 302-6329

    27 Total Sales

    Paul Beaudreau
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81421204

MLSListings
California San Mateo County Pacifica 94044 Sharp Park

2416 Palmetto Ave, Pacifica, CA

Not Listed for Sale

MultiFamily

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