$1,900,000
( $462.17Per Sq Foot )
 $10,200 est/mo Sourced by Back At You

15 Santa Maria Avenue,Pacifica, CA 94044

Pacifica, CA 94044

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Description

Compass Commercial is pleased to announce the exclusive listing of 15 Santa Maria Avenue, located just steps from the Pacific Ocean. The subject property presents a rare five (5) unit multifamily investment opportunity in Pacificas highly sought-after West Sharp Park neighborhood. The property consists of one (1) spacious 2-Bedroom/1-Bath unit (~700 sqft) and four (4) 1-Bedroom/1-Bath units (~525 sqft each), complemented by a five-car garage and additional driveway parking. Constructed in 1960 and situated on a 4,500-square-foot lot, the property encompasses approximately 4,111 square feet of gross livable space. The offering also includes an adjacent 2,700-square-foot parcel, providing added value and future potential. Significant recent capital improvements include a new electrical main service (2025), new sewer lateral (2026), new modified bitumen cap sheet roof (2025), and new electrical sub-panels in all units (2026), all done with permits. Each unit is separately metered for gas and electricity. Currently 100% occupied, the asset generates strong in-place annual income of $146,664 and is offered at a current 5.16% cap rate and 12.95 GRM.

Details

MLS #ML82058594
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site26
Listing Provided ByCompass | Nate Gustavson

Features

SQ Feet4,111
Building(s)1
ZoningMultifamily Commercial 5+
Acreage0.17

Interior

HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofBitumen

Taxes

Property22371

Area Information

StateCA
CountySan Mateo
CityPacifica
Zip Code94044
Area699 Not Defined
Listing VS Median (in 94044)
Price:
$1,900,000
low | high
Med:
$2,998,000
7.789473684211% of Average
sqft:
4,111
low | high
Med:
7,480
31.950863536852% of Average
$ / sqft:
$462
low | high
Med:
$401
63.279074021953% of Average
On site:
26
low | high
Med:
37
70.27027027027% of Average
Sourced by Back At You

Market Activity 94044

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Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountySan Mateo
CityPacifica
Zip Code94044
Area699 Not Defined
Listing VS Median (in 94044)
Price:
$1,900,000
low | high
Med:
$2,998,000
7.789473684211% of Average
sqft:
4,111
low | high
Med:
7,480
31.950863536852% of Average
$ / sqft:
$462
low | high
Med:
$401
63.279074021953% of Average
On site:
26
low | high
Med:
37
70.27027027027% of Average
Sourced by Back At You
Listing Updated: September 13, 2026 at 12:58:35 PM PDT
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