NOT LISTED FOR SALE

325 Esplanade Ave Pacifica, CA 94044

Fairmont Neighborhood

Estimated Value: $1,997,075 - $2,257,000

8 Beds
4 Baths
5,824 Sq Ft
$362/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2022

Last sale price $2,200,000 $378 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $13,414 / mo

113 Days on Market

Highlights

  • Ocean View
  • Craftsman Architecture
  • Carpet
  • Westmoor High School Rated A-
  • Coin Laundry

About This Home

As of March 2022

Beautiful, recently remodeled fourplex apartment with unobstructed 180 degree ocean view. Each Apartment comes with a 2 bedroom and one bath with covered parking spots per apartment and adjacent guest parking. Views, The most Beautiful Full Ocean View. This multifamily located across the street form the beach in West Edgemar-Pacific Manor, Pacifica, CA 94044.

Last Agent to Sell the Property

Dan Gluhaich

Intero Real Estate Services License #00963076 Listed on: 09/27/2021

Intero Real Estate Services

Last Buyer's Agent

Zhenhua Tao

BQ Group License #01869132

BQ Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 8,925 Sq Ft Lot

Parking

  • 12 Carport Spaces

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5,824 Sq Ft Home
  • 2-Story Property
  • Ocean Views

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Vented Exhaust Fan
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $131,400

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 8 Leased Units
  • Gardener Expense $600
  • Operating Expense $23,216
  • Gross Income $131,400

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

8,925 Sq Ft Lot

Listing Details

  • Zoning: Residential
  • Subclass: Fourplex
  • Style: Craftsman
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5824
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Exhaust Fan, Garbage Disposal, Oven - Electric, Refrigerator
  • Living Sq Ft: 5824
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Ocean

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 12

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Views
  • Lot Acres: 0.2049
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8925.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8925.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.26
  • Number Of Leased: 8

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Expense Landscape: 600
  • Expenses Total: 23216
  • Income Annual Gross: 131400.00
  • Income Annual Rental: 131400
  • Income Gross Scheduled: 131400
  • Meters: Master Electric, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Gardener
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
Bought by
Current Estimated Value
$2,106,519

Purchase Details

Listed on
Sep 27, 2021
Closed on
Mar 1, 2022
Sold by
Bought by
Seller's Agent
Dan Gluhaich
Intero Real Estate Services
Buyer's Agent
Zhenhua Tao
BQ Group
List Price
$2,399,950
Sold Price
$2,200,000
Premium/Discount to List
-$199,950
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.99%
Original Mortgage
$1,680,000
Interest Rate
0.0369%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 28, 2017
Closed on
Nov 20, 2017
Sold by
Bought by
Seller's Agent
Justina Singh
Golden Gate Sotheby's International Realty
Buyer's Agent
Clem Garcia
Altas Realty
List Price
$1,575,000
Sold Price
$1,650,000
Premium/Discount to List
$75,000
4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.11%
Original Mortgage
$1,120,000
Interest Rate
0.039%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
0.0592%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
0.0592%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2002
Sold by
Bought by

Purchase Details

Closed on
May 9, 2002
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Li Yong
$2,200,000 Chicago Title
-- Chicago Title
$1,685,000 Fidelity National Title Co
-- --
-- Alliance Title Company
-- --
-- --
$519,000 Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,680,000
Previous Owner $1,120,000
Previous Owner $377,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2022 03/08/22 Sold $2,200,000 -8.3% $378 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $2,399,950 0.0% $412 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
09/27/2021 09/27/21 For Sale $2,399,950 +45.5% $412 / Sq Ft
12/28/2017 12/28/17 Sold $1,650,000 +4.8% $283 / Sq Ft View Prior Sale
12/28/2017 12/28/17 Pending -- -- --
12/28/2017 12/28/17 For Sale $1,575,000 -- $270 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $26,822 $2,100,000 $1,145,000 $955,000
2023 $26,822 $2,000,000 $1,090,909 $909,091
2022 $22,287 $1,806,659 $1,340,252 $466,407
2021 $22,220 $1,771,235 $1,313,973 $457,262
2020 $22,616 $1,753,074 $1,300,500 $452,574
2019 $22,759 $1,718,700 $1,275,000 $443,700
2018 $21,135 $1,685,000 $1,250,000 $435,000
2017 $10,355 $687,304 $343,652 $343,652
2016 $9,407 $673,828 $336,914 $336,914
2015 $9,287 $663,708 $331,854 $331,854
2014 $8,944 $650,708 $325,354 $325,354
Source: Public Records

Agents Affiliated with this Home

  • Dan Gluhaich

    Seller's Agent in 2022

    Dan Gluhaich

    Intero Real Estate Services

    (408) 461-0263

    1 in this area

    43 Total Sales

    Dan Gluhaich
    Section Image
  • Zhenhua Tao

    Buyer's Agent in 2022

    Zhenhua Tao

    BQ Group

    (510) 366-0071

    1 in this area

    11 Total Sales

    Zhenhua Tao
    Section Image

  • J

    Seller's Agent in 2017

    Justina Singh

    Golden Gate Sotheby's International Realty

    Section Image

  • C

    Buyer's Agent in 2017

    Clem Garcia

    Altas Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81864405

MLSListings

APN: 009-411-170

California San Mateo County Pacifica 94044 Fairmont

325 Esplanade Ave, Pacifica, CA

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