$9,999,999
For Sale

Address Not Shown

Pacifica, CA 94044
3.05 acres | #ML81974267
Listing OfficeMarcus & Millichap
Browse 12 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

A rare and unique development opportunity in the heart of Pacifica, CA. This expansive 3-acre property is divided into three distinct parcels, each offering incredible potential for multifamily and commercial development. The first 2 parcels is part of the Pacifica Housing Element and is approved for up to 69 low-income housing units. This parcel is ideal for developers looking to contribute to the community with affordable housing options. The second parcel, zoned C-2, is suitable for an additional 34 multifamily units based on the Pacifica Zoning Code, making it perfect for mixed-use development with both commercial and residential components. Located just minutes away from Pacificas stunning beaches, this property offers a serene and scenic environment for future residents. It is conveniently situated near major employers in the San Francisco Bay Area, making it an attractive location for working professionals. With easy access to major highways, including Highway 1 and Interstate 280, the property ensures seamless connectivity to San Francisco, Silicon Valley, and beyond. The surrounding area boasts local schools, parks, shopping centers, and dining options, offering a well-rounded lifestyle for residents.

  • Property Details
      • Utility FeaturesWaterNotAvailable
      • Original List Price$11,000,000
      • MLS #ML81974267
      • MLS #ML81974267
      • CountySan Mateo
      • Property TypePurchase
      • Cost9999999
      • Sewer InformationOther
      • School DistrictOther
      • Acres3.05
      • Property SubtypeLand

Location

Carmen ShiauReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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