$2,198,000

Estimated payment $14,538/month

Total Views 22,789
6 Beds
3 Baths
3,840 Sq Ft
$572 Price per Sq Ft

Highlights

  • 0.26 Acre Lot
  • Fireplace
  • Forced Air Heating System
  • Westmoor High School Rated A-

About This Home

Rare Pacifica Triplex with Ocean Views! Completely renovated in 2018, each multi-level townhouse in this 3-unit complex has 2 bedrooms /1 bath on the upper level and a dedicated 2-car garage and laundry space on the lower. All units have spacious bedroom, bath, living rooms, and kitchen designed for easy living on the coast just moments away from local Pacifica hot spots, shopping, and easy beach, hiking, and golf access. Occupancy details are as follows: 472 Lewis Lane (Unit #1): Currently rented to a long-term tenant | 474 Lewis Lane (Unit #2): Currently operating as a short-term rental and can be delivered vacant | 476 Lewis Lane (Unit#3): Currently operating as a short-term rental and can be delivered vacant. 472-476 Lewis Lane is just 3-minutes to the beach, making this property attractive to a broad tenant base and perfect for an investor looking to capitalize on a well-maintained coastal rental opportunity. House-hackers/owner-occupiers will appreciate the income-producing potential while enjoying coastal living just moments from the ocean. Hwy-1 is 3 minutes away, with easy access to 280-35-101, Colma BART, and SFO. 18 minutes to South San Francisco, San Francisco, San Bruno, and Colma.

Listing Agent

Michael Jimenez

Coastside Associates Real Estate License #01961866 Listed on: 05/23/2025

Co-Listing Agent

Kevin Carbajal

Millennium Flats, Inc. License #02052927

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,362

Year Built

  • 1988

Parking

  • 6 Car Garage

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,840 Sq Ft Home
  • 2-Story Property
  • Fireplace

Additional Features

  • 0.26 Acre Lot
  • Forced Air Heating System

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • 3,840 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $3,231
  • Maintenance Expense $5,900
  • Manager Expense $7,000
  • Other Expense $27,502
  • Utility Expense $1,746
  • Trash Expense $2,520
  • Operating Expense $47,899
  • Gross Income $112,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,362

Year Built

1988

Lot Details

0

Parking

6

Listing Details

  • Zoning: R3000G
  • Subclass: Triplex
  • Age: 37
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3840
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Living Sq Ft: 3840
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Jefferson Union High

Lot Info

  • Lot Acres: 0.2602
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11334.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11334.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.63
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3231
  • Expense Maintenance: 5900
  • Expense Management: 7000
  • Expenses Other: 27502
  • Expenses Total: 47899
  • Expenses Utility: 1746
  • Expense Trash: 2520
  • Income Annual Gross: 112100.00
  • Income Annual Rental: 118000
  • Income Gross Scheduled: 118000
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $28,362 $2,175,476 $848,966 $1,326,510
2023 $28,362 $2,050,000 $800,000 $1,250,000
2022 $18,520 $1,524,207 $946,060 $578,147
2021 $19,391 $1,494,321 $927,510 $566,811
2020 $19,821 $1,479,000 $918,000 $561,000
2019 $19,317 $1,450,000 $900,000 $550,000
2018 $11,523 $787,527 $407,219 $380,308
2017 $10,798 $772,088 $399,236 $372,852
2016 $10,672 $756,952 $391,409 $365,543
2015 $10,288 $745,585 $385,531 $360,054
2014 $10,036 $730,982 $377,980 $353,002
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $2,198,000 +7.2% $572 / Sq Ft
08/15/2022 08/15/22 Sold $2,050,000 -6.8% $534 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $2,200,000 -- $573 / Sq Ft
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,050,000 First American Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,000,000 First American Title Co
Interfamily Deed Transfer -- Fidelity National Title
Grant Deed $338,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 New Conventional
Previous Owner $518,000 New Conventional
Previous Owner $550,000 Stand Alone First
Previous Owner $298,000 Stand Alone First
Previous Owner $304,200 No Value Available
Closed $50,000 No Value Available
Source: Public Records

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Source: MLSListings

MLS Number: ML82008170

MLSListings

APN: 009-384-150