
Pacifica, California 94044
This Coastal Income-Generating Property represents a High-Potential Investment Opportunity, listed at $1,750,000—positioned well below the $1,697,798 Fair Market Value by -3%. Featuring panoramic ocean views and a proven $200,000 annual rental history, the home maintains a Condition Rating of 3. Proximity to Ingrid B. Lacy Middle School and Oceana High School adds long-term stability. This asset is an ideal acquisition for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants desiring a luxury coastal lifestyle with supplemental income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 172 Shoreview Avenue Subject 3 bd · 3 ba · 1,600 sqft · $1,061 | $1,750,000* List Price | 3 | 3 | 1,600 | $1,061 | - |
A 304 Nelson Avenue Sold 3 bd · 1 ba · 980 sqft · $1,265 · 0.9 mi | $1,240,000 | 3 | 1 | 980 | $1,265 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1955, the property has been well-maintained and features a renovated kitchen with high-end stainless steel appliances and updated cabinetry likely within the 5-15 year range. The interior is move-in ready with functional systems and clean finishes, though some elements like the parquet flooring and bathroom tile reflect a slightly older renovation style.
The property boasts an impressive gross rental history of approximately $200,000 over the last 12 months, making it a high-performing asset for investors or a lucrative secondary residence.
Situated on Shoreview Avenue, the home offers breathtaking, unobstructed ocean views, providing a quintessential coastal lifestyle that is highly sought after in Pacifica.
The residence is exceptionally well-located for families, situated within walking distance of Ingrid B. Lacy Middle School (0.1 miles) and Oceana High School (0.4 miles).
With 55 days on the market and a recent price reduction from $1.88M to $1.75M, the property is currently facing slower-than-average absorption and a downward pricing trend.
Built in 1955, the home may require significant ongoing maintenance or capital improvements to address the wear and tear typical of older coastal properties exposed to salt air.
Wake up to breathtaking ocean views in this exceptional coastal retreat, where every day feels like a vacation. Whether envisioned as a primary residence, a cherished vacation home, or a coastal getaway with income potential, this property offers a rare combination of lifestyle and opportunity.Beyond its stunning setting, the property also has an impressive rental history, with approximately $200,000 in gross rental revenue generated over the most recent 12-month period, per seller-provided records. Enjoy the home when you choose, while appreciating the potential for meaningful income when you are away.A truly special opportunity for ocean lovers seeking both an unforgettable coastal lifestyle and proven income history.
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades K-5 • 3.7 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.2 |
| Baths | 3.0 | 2.1 |
| Square foot | 1,600 | 1,354.217 |
| Lot Size | 7,000 | 5,612.022 |
| Price | $1.75M | $1.34M |
| Price per sq ft | $1.1K | $921 |
| Built year | 1955 | 1958 |
| HOA | $0 | $27 |
| Days on market | 59 | 43 |
Oct 9, 2026
$1,750,000
$1,880,000
-7% Price Drop
Initial Listing
Aug 26, 2026
$1,880,000
Initial Listing
Sep 8, 2021
$2,000,000
Public Record
Sep 28, 2012
$515,000
Public Record