5007 Palmetto Avenue 37, Pacifica, California 94044, Pacifica, 94044 - 2 bed, 2 bath
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Pacifica, California 94044
This Turnkey Condominium is a Prime Investment Opportunity, listed at $660,000—positioned well below the $677,966 Fair Market Value by 2%. This valuation gap offers $17,966 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this unit includes a modern kitchen, updated bathrooms, and a private patio with panoramic ocean views. Located near top-rated schools like Oceana High, this property is an ideal sanctuary for first-time buyers or coastal lifestyle seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5007 Palmetto Avenue 37 Subject | $660,000* List Price | 2 | 2 | 1,200 | $565 | - |
A 5017 Palmetto Avenue 62 Active | $719,888 List Price | 2 | 2 | 1,200 | $600 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1973, the unit has undergone a comprehensive recent renovation (likely <5 years) as evidenced by the modern kitchen with upgraded countertops, updated bathrooms, recessed lighting, and elegant tile flooring. The interior is in mint condition and move-in ready with no visible maintenance needs.
As a desirable corner unit, this home offers captivating ocean views directly from the living room and a private patio, providing a premium coastal lifestyle that is highly sought after in Pacifica.
The interior features significant contemporary updates, including a remodeled kitchen with upgraded countertops, a master suite with an updated bathroom, and elegant tile flooring with recessed lighting throughout.
The property perfectly balances tranquility and accessibility, situated within walking distance of beaches and parks while remaining less than 20 minutes from downtown San Francisco and SFO.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1200, other record lot size in square feet = 393182.
The monthly HOA fee of $990 is notably high for this price point, which may impact buyer affordability and overall monthly carrying costs.
Built in 1973, the property may face challenges associated with aging infrastructure and potential future special assessments common in older coastal developments.
Welcome to 5007 Palmetto Ave., Unit 37, a captivating corner unit condo in the heart of Pacifica, CA. This beautifully designed home features two spacious bedrooms and two bathrooms, including a master suite with an updated bathroom for your comfort. With 1,200 square feet of living space, this condo showcases elegant tile flooring and recessed lighting throughout, creating a bright and inviting ambiance. The modern kitchen boasts upgraded countertops and designer paint, perfect for culinary enthusiasts and gatherings. Step outside to your private patio to enjoy the refreshing ocean breeze and stunning ocean views right from your living room. This unit also includes the convenience of in-unit laundry and generous parking options: two designated spaces, with one located in the garage and extra storage for all your needs. Situated just minutes away from picturesque parks, beautiful beaches, restaurants, and shops, you'll have everything you need at your fingertips. Plus, with downtown San Francisco and SFO less than 20 minutes away, this location offers the ideal blend of coastal tranquility and urban accessibility. Don't miss the opportunity to call this ocean-view sanctuary your new home!
No exterior & parking available.
Grades PK-5 • 0.8 mi
Grades K-5 • 5.0 mi
Grades K-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,200 | 1,180 |
| Lot Size | 1,200 | 1,485 |
| Price | $660.0K | $960.6K |
| Price per sq ft | $550 | $657 |
| Built year | 1973 | 1987 |
| HOA | $990.0 | $495 |
| Days on market | 20 | 69 |
Jul 2, 2026
$660,000
Initial Listing
Jun 11, 2021
$935,000
Public Record
Jan 24, 2017
$570,000
Public Record
Apr 12, 2006
$506,000
Public Record