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Listed by Adam S. Levin • Marcus & Millichap
$ 28,250,000
Est. payment /mo
New
380 & 360 Esplanade AVE Pacifica, CA 94044
31,327 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 31,327 sqft
Price per Sqft $901
MLS Listing ID ML82025459
Year Built 1965
Lot Size 1.048 Acres
Property Sub-Type Five or More Units
Source MLSListings, Inc.
Property Description
The Bluffs at Pacifica is a stunning 63-unit oceanfront apartment community at 360 & 380 Esplanade Ave in Pacifica, CA. Situated on a 3.26-acre parcel, the property offers a mix of three-, two-, one-bedroom, and studio floor plans across 57,367 SF. Residents enjoy premium amenities including private parking, EV charging, a fitness center, and a resident lounge. The property has undergone approximately $9.45M in upgrades, including interior renovations with upgraded kitchens and bathrooms, stainless steel appliances, granite countertops, smart thermostats and locks, in-unit washers and dryers, elegant wood flooring, and major bluff reinforcement. Its unbeatable coastal location provides easy access to San Francisco, local beaches, shopping, dining, and top employers, making it highly desirable for tenants. Surrounded by scenic views of the Pacific Ocean, nearby walking and biking trails, and a vibrant local community, the property offers a resort-like lifestyle with convenience and charm. Strong local fundamentals, low vacancy, and high rental demand enhance its long-term investment appeal, offering a rare opportunity for Bay Area investors seeking both lifestyle and value, with immediate upside potential for rent growth.
Location
State CA
County San Mateo
Area Pacific Manor
Zoning R30000
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces, Covered Parking, Detached Garage
Garage Spaces 64.0
Utilities Available Public Utilities
Roof Type Shingle
Building
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Tax ID 009-131-060
Special Listing Condition Not Applicable
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