Property Detail

Description

5.4 % Cap rate! First time on the market in decades, this 5 unit apartment building offers steady income and tenancy in the desirable Sharp Park district of Pacifica. This location is super convenient to highway 1 access to San Francisco, San Francisco International and the San Mateo Peninsula. Two of the units have large yards. 4 covered parking Stalls with additional uncovered parking. History of long term tenants. Quaint shops, Sharp Park Golf Course, grocery store and coffee shops within walking distance. Beach is just a short stroll away as is the Golden Gate Recreational area for hiking and biking along coastal trails. Property has been well maintained and is in very good condition. Many of the units have been upgraded. This is a great property for a owner/user, use it as Airbnb, or an outright full multi rental investment. Pacifica offers a fantastic location for those who want out of San Francisco yet need to work in the city. Access to Bart or a drive will get one to the financial district with little commute time. Strong community spirit and a very calm Coastside atmosphere makes this an extremely enjoyable small town feel. Open to all offers. Buyer is to obtain any and all inspections and to review costs income estimates from their own research.