380 Esplanade Avenue $29,925,000


    380 Esplanade Avenue Pacifica, CA 94044



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    • 57,367 sq. ft.
    • 3.26 Acres
    • Commercial Lease
    • MLS# 52355708
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    Views: 6 Days On Site: 81

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    Property Details

    Investors have the opportunity to acquire one of eight oceanfront multifamily properties along the coastline of Pacifica. The Bluffs at Pacifica offers tenants and residents beautifully designed three-bedroom, two-bedroom, one-bedroom and studio floor plans that feature modern unit amenities and scenic views. The subject property has recently undergone significant interior and exterior renovations costing approximately $1.7 million. Interior improvements include updated kitchens, stainless steel appliances, granite countertops, smart thermostats, smart door locks, in-unit washer and dryer, and wood flooring throughout. The subject property has recently been reinforced with a quarry stone revetment and a soil nail wall that extends from below the top of the revetment to near the bluff top costing nearly $7 million. These additions have contributed to the overall expenditure cost of approximately $8.7 million and greatly improved the property's resilience and longevity.

    • General Features
      • County Or Parish San Mateo
      • Mlsarea Major Pacific Manor
      • Property Sub Type Other
    • Building Features
      • Building Area Total 57367
      • Cooling None
      • Building Area Units Square Feet
      • Year Built 1962
      • Heating Y/N true
      • Heating Wall Furnace
      • Living Area 57,367
      • Living Area Units Square Feet
      • Property Type COMM RI MULTI-UNITS 5+
    • Property Features
      • Lot Size Acres 3.26
      • Water Source Public
      • Lot Size Area 3.26
      • Lot Size Square Feet 142005
      • Lot Size Units Acres



    94044 (Pacifica) Demographics

    43 Median Age
    2,634 Population Density (per sq. mile)
    56% College Educated
    $130,327 Estimated Median Income
    9,562 Estimated Total Home Owners
    4,271 Estimated Total Renters
    69% / 31% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    38,677 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $1,280,000 Median Sales Price
    15 Homes Sold
    23 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $29,925,000
        3/9/2023 7:01:00 PM New in Database Source: Multiple Listing Service New Value: $29,925,000

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        MLS Logo Bay East ©2023. CCAR ©2023. bridgeMLS ©2023. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 5/29/2023 5:53:01 PM PST .

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.