1 Paloma Avenue, Pacifica, California 94044, Pacifica, 94044 - 0 bed, 0 bath
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1 Paloma Avenue
Pacifica, California 94044
ACTIVE
CONDITION: GOOD
0Beds
0Baths
5,119Sq Ft
5,050Lot Size
Property Price
LIST PRICE$2,495,000
SUMMARY
Don't miss this rare opportunity to invest in a 4-Unit Ocean Front apartment building! All units have a private balcony or ground floor outdoor space with breathtaking ocean views! 1 Paloma Avenue offers Coastal Living at its finest - Unobstructed wide ocean views, Ocean front walking trails, 1 street over from Palmetto Avenue, which offers shopping, eating, and entertainment! Close access to HWY-1 & I-280 and only 20 minutes to SF. 2 units offer (3) bedrooms & (1.5) bath and 2 units offer (2) bedrooms & (1) bathroom. Each unit has an enclosed garage space.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1964, the units show evidence of cosmetic renovations within the 5-15 year range, including updated laminate flooring, recessed lighting, and modern interior paint. The property appears well-maintained and functional for tenants, though the visible wall heaters indicate older mechanical systems.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
This rare 4-unit investment property offers unobstructed, wide ocean views and direct access to coastal walking trails, ensuring high tenant demand and premium rental rates.
- Desirable Unit Mix and Amenities
The building features a strong mix of two 3-bedroom and two 2-bedroom units, all of which include private outdoor spaces and dedicated enclosed garage parking.
- Strategic Commuter Access
Located just 20 minutes from San Francisco with immediate access to Highway 1 and I-280, the property is perfectly positioned for tenants seeking a coastal lifestyle with a manageable city commute.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
At 85 days on market, the property has surpassed the typical absorption rate for the area, which may indicate a misalignment between the list price and current buyer expectations.
- Coastal Maintenance Exposure
Built in 1964, the structure's age combined with its direct oceanfront exposure likely requires significant ongoing capital expenditure to mitigate salt-air corrosion and weathering.
About 1 Paloma Avenue
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 5,050 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Pacifica Unified Schools
Sunset Ridge Elementary School
Grades PK-5 • 1.4 mi
4/10
Ortega Elementary School
Grades K-5 • 3.5 mi
6/10
Ingrid B. Lacy Middle School
Grades 6-8 • 0.1 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Pricing History
Listed for Sale
Jul 21, 2026
$2,495,000
Initial Listing
Sold
May 5, 2003
$950,000
Public Record