315 Esplanade Avenue

Pacifica, CA 94044

$2,100,000
Last Sold Price
Beds
5,824 Sq. Ft.
$361 / Sq. Ft.
5,824
Sq. Ft.
$361
per Sq. Ft.

Description

If you've ever dreamed of owning ocean front units with the flexibility of keeping one for yourself and renting the others, or just a rock solid investment... Your dreams have been answered! This investment has been in the family for many years and is now ready for the next family to carry on the legacy! These spacious 2 bedroom 1 bath units are set up like two duplexes. Two separate buildings and each unit has three covered parking spaces! Freshly painted, separately metered for power/gas plus well-maintained,...If you've ever dreamed of owning ocean front units with the flexibility of keeping one for yourself and renting the others, or just a rock solid investment... Your dreams have been answered! This investment has been in the family for many years and is now ready for the next family to carry on the legacy! These spacious 2 bedroom 1 bath units are set up like two duplexes. Two separate buildings and each unit has three covered parking spaces! Freshly painted, separately metered for power/gas plus well-maintained, this is a rare opportunity that does not come along very often so be sure to put this amazing fourplex at the top of your must see list! All units are rented with seasoned tenants! Please don't disturb them! Be sure to drive by and see you'd be glad to did!
  1. Listed by Alex Lehr • DRE #00867442 • Guide Real Estate • 650-766-5300

Property Details for 315 Esplanade Avenue

MLS City Name
PACIFICA
Building Type
FOURPLEX
Style
Contemporary
Garage Spaces
0
Parking Spaces
0
View
Ocean

Location

Listing Courtesy of Guide Real Estate, Alex Lehr, DRE #00867442

Sold By Intero Real Estate Services, Andy Gan, DRE #01868784

Add your commute
LISTING UPDATED: 08/20/2021 08:53 AM

Property Details for 315 Esplanade Avenue

StatusSold
MLS #ML81847213
Days on Compass16
Taxes$45,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1961
Lot Size0.18 AC / 7,980 SF
CountySan Mateo County

Location

Listing Courtesy of Guide Real Estate, Alex Lehr, DRE #00867442

Sold By Intero Real Estate Services, Andy Gan, DRE #01868784

Add your commute

Building Information for 315 Esplanade Avenue

Stories2Residences4Year Built1961Building Size-Lot Size0.18 AC / 7,980 SF

Payment Calculator

$15,211 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$3,750

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 315 Esplanade Avenue

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Oven - Electric, Varies by Unit
Features
  • Amenities: Skylight
  • Communications: Cable TV
  • Energy Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 5824
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer - Public, Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Water: Public, Water On Site
Carport and Parking
  • Carport Min: 8
Garage
  • Garage and Parking: Assigned Spaces, Carport , Covered Parking, Lighted Parking Area, Off-Site Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Edgemar
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 315
  • Street Name: Esplanade
  • Street Suffix: Avenue
  • Area ID: 660
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 5824
  • Structure SqFt Source: Assessor
  • Age: 60
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R30000
Location Information
  • City Limits: Yes
  • Parcel Number: 009-411-180
  • County Name: San Mateo
  • City Name: PACIFICA
  • City Postal ID: 45
  • Postal Code: 94044
  • Elementary School District: 928
  • High School District Text: Jefferson Union High
Lot Information
  • Foundation: Concrete Perimeter, Concrete Slab
  • Horse Property: No
  • Lot Acres: .18
  • Lot Description: Grade - Level, Views
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Fenced, Low Maintenance
Mobile / Manufactured Information
Other Information
  • Dual Variable: No
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $45,000
  • Building Unit Total: 4
  • Capitalization Rate: 2.89
  • Tenant Expenses: Utilities - Electric, Utilities - Heating
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,000
  • Expense Landscape: $1,200
  • Expense Maintenance: $3,600
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $51,800
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Services - Sewer, Services - Trash Removal, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 17.34
  • Income Annual Gross: $103,800
  • Income Annual Rental: $103,800
  • Income Gross Scheduled: $103,800
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 1200
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,500
Unit 3 Information
  • Unit 3 Approx Square Footage: 1200
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,150
Unit 4 Information
  • Unit 4 Approx Square Footage: 1200
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,000
Unit Type 1
  • Unit Type1 Approx SqFt: 1200

Property History for 315 Esplanade Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 315 Esplanade Avenue

Taxable ValueLand$942,857Additions$857,143Total$1,800,000
Tax Record2023$23,210 ($1,934 / month)
Home Facts
Baths4Total Finished SqFt5,824 SqFtAbove Grade Finished SqFt5,824 SqFtStories2Lot Size7,980 SqFtStyleQuadraplexYear Built1961ZoningR30000CountySAN MATEOAPN009-411-180

Schools near 315 Esplanade Avenue

This home is within Pacifica School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 8
Public - K to 8
Rating
School
Distance
Sunset Ridge Elementary School
PublicK to 5

Ortega Elementary School
PublicK to 5

Vallemar Elementary School
PublicK to 8

Ocean Shore Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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Listing Courtesy of Guide Real Estate, Alex Lehr, DRE #00867442

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.