Address Not Shown

Pacifica, CA 94044
$9,999,999
3.05 acres | #ML81974267
Courtesy of Marcus & Millichap

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.
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  • Property Details
      • Acres:3.05
      • Property type:Purchase
      • Sewer information:Other
      • Utility features:WaterNotAvailable
      • School district:Other
      • County:San Mateo
      • Original List Price:$11, 000, 000
      • MLS #:ML81974267
      • Cost:9999999
      • Property subtype:Land
      • MLS #:ML81974267

Location

The Alcantara GroupReal 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.

Estimated Monthly Payment
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Loan Amount
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