NOT LISTED FOR SALE

73 Carmel Ave Pacifica, CA 94044

Sharp Park Neighborhood

Estimated Value: $1,493,768 - $2,169,000

8 Beds
4 Baths
3,072 Sq Ft
$567/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2025

Last sale price $1,500,000 $488 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,535 / mo

3 Days on Market

Highlights

  • Water Views
  • Laundry Facilities
  • Level Lot
  • Terra Nova High School Rated A-

About This Home

As of June 2025

73 Carmel Ave is a charming four-unit building, each featuring two bedrooms and one bathroom. Every unit includes two carport parking for tenants. With a gross annual income of $111,276 and an impressive 4.94% actual cap rate, this property represents a solid investment opportunity. Located just half a block from the water, the property offers easy access to Highway 1, nearby restaurants, schools, and more. Additionally, 73 Carmel Ave connects to 65 Carmel Ave, which is also available for sale. Buyers have the option to purchase either property separately or together for a comprehensive investment. Seller financing options are available. Don't miss out on this fantastic opportunity!

Last Agent to Sell the Property

Jenny Ying He

KW Advisors License #DRE #01255995 Listed on: 04/27/2025

KW Advisors

Last Buyer's Agent

Sonny Tang

Corcoran Icon Properties License #01949981

Corcoran Icon Properties

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 4,344 Sq Ft Lot
  • Level Lot

Parking

  • 8 Carport Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Water Views
  • Free-Standing Electric Range
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Separate Meters
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 016-012-250

Community Details

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

4,344 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Property Condition: Original
  • Accessibility Features: None
  • Stories: 2
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator
  • Laundry Features: In Common Area, Washer/Dryer Hookups
  • Price Per Square Foot: 488.28
  • Square Footage: 3072.00

Exterior Features

  • Construction Materials: Stucco
  • Roof: Flat
  • View: Water

Garage/Parking

  • Carport Spaces: 8.00
  • Covered Parking Spaces: 4.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Sewer Connected
  • Utilities: Natural Gas Connected
  • Water Source: Meter on Site, Public

Fee Information

  • Utilities Expenses: 7406

Lot Info

  • Assessor Parcel Number: 016-012-250
  • Lot Features: Shape Regular, Sidewalk
  • Lot Size Acres: 0.0997
  • Lot Size Sq Ft: 4344.00
  • Lot Size Units: SqFt
  • Price Per Acre: 15045135.41
  • Topography: Level

Rental Info

  • Number Of Units Month To Month: 4
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 13.48
  • Number Of2 Bedrooms Occupied: 4
  • Number Of Units Leased: 4
  • Separate Meters: Common Area Meter, Electricity, Gas

MLS Schools

  • School District County: San Mateo

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

Listed on
Apr 27, 2025
Closed on
Jun 9, 2025
Sold by
Zhu Vincent
Bought by
Seller's Agent
Jenny Ying He
KW Advisors
Buyer's Agent
Sonny Tang
Corcoran Icon Properties
List Price
$1,499,000
Sold Price
$1,500,000
Premium/Discount to List
$1,000
0.07%
Views
15
Current Estimated Value
$1,741,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,442
Avg. Annual Appreciation
12.79%
Original Mortgage
$1,050,000
Outstanding Balance
$1,037,866
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$703,576

Purchase Details

Listed on
Apr 27, 2025
Closed on
Jun 5, 2025
Sold by
Greg Egan and David Yee
Bought by
Wing Lucy and Zheng Wai Ying
Seller's Agent
Jenny Ying He
KW Advisors
Buyer's Agent
Sonny Tang
Corcoran Icon Properties
List Price
$1,499,000
Sold Price
$1,500,000
Premium/Discount to List
$1,000
0.07%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,037,866
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$703,576

Purchase Details

Closed on
Sep 8, 1998
Sold by
Roger Elbeck and Elbeck Diane L
Bought by
Egan Stephen G and Yee David
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Sharp Park, CA

  • Candice Terry Real Estate Agent - PMZ Real Estate

    Candice Terry

    PMZ Real Estate

    (209) 427-1750

    76 Total Sales

    1 in Sharp Park

    $1,050,000 Price

    Candice Terry
     Section Image
  • Matt Aragoni Real Estate Agent - Coldwell Banker Realty

    Matt Aragoni

    Coldwell Banker Realty

    (650) 870-2773

    73 Total Sales

    1 in Sharp Park

    $600,000 Price

    Matt Aragoni
     Section Image
  • Veronica Avelar Real Estate Agent - RE/MAX Star Properties

    Veronica Avelar

    RE/MAX Star Properties

    (628) 230-4572

    33 Total Sales

    1 in Sharp Park

    $1,200,000 Price

    Veronica Avelar
     Section Image
  • Nancy Altschuler Real Estate Agent - RE/MAX Gold

    Nancy Altschuler

    RE/MAX Gold

    (559) 206-4809

    46 Total Sales

    2 in Sharp Park

    $1,030,000 Price Range

    Nancy Altschuler
     Section Image

  • MA

    Michelle Arenas

    Responds Quickly

    Eccleston Incorporated

    (650) 457-6428

    10 Total Sales

    2 in Sharp Park

    $950K - $1.4M Price Range

    Michelle Arenas
     Section Image
  • John Caruso Real Estate Agent - Sotheby's International Realty

    John Caruso

    Responds Quickly

    Sotheby's International Realty

    (510) 394-3669

    31 Total Sales

    1 in Sharp Park

    $1,300,000 Price

    John Caruso
     Section Image
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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
-- Wfg National Title Insurance C
Wing Lucy $1,500,000 Wfg National Title Insurance C
Egan Stephen G $395,000 First American Title Co
Yee David -- First American 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
Open $1,050,000
Previous Owner Egan Stephen G $258,000
Previous Owner Egan Stephen G $302,000
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
06/11/2025 06/11/25 Sold $1,500,000 +0.1% $488 / Sq Ft
04/30/2025 04/30/25 Pending -- -- --
04/27/2025 04/27/25 For Sale $1,499,000 -- $488 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $11,115 $619,226 $188,115 $431,111
2023 $10,821 $595,182 $180,811 $414,371
2022 $9,389 $583,513 $177,266 $406,247
2021 $9,808 $572,073 $173,791 $398,282
2020 $9,755 $566,208 $172,009 $394,199
2019 $9,593 $555,107 $168,637 $386,470
2018 $8,926 $544,224 $165,331 $378,893
2017 $8,076 $533,554 $162,090 $371,464
2016 $7,539 $523,093 $158,912 $364,181
2015 $7,904 $515,236 $156,525 $358,711
2014 $7,764 $505,144 $153,459 $351,685
Source: Public Records

Agents Affiliated with this Home

  • Jenny Ying He Real Estate Agent - KW Advisors

    Seller's Agent in 2025

    Jenny Ying He

    KW Advisors

    (415) 860-8320

    1 in this area

    106 Total Sales

    Jenny Ying He
    Section Image
  • Sonny Tang Real Estate Agent - Corcoran Icon Properties

    Buyer's Agent in 2025

    Sonny Tang

    Corcoran Icon Properties

    (415) 606-8677

    1 in this area

    61 Total Sales

    Sonny Tang
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 425032248

San Francisco Association of REALTORS®

APN: 016-012-250

California San Mateo County Pacifica 94044 Sharp Park

73 Carmel Ave, Pacifica, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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