160 Clarendon Road
$ 2,100,000 | 5.4% Cap Rate
160 Clarendon Road Pacifica, CA 94044, Pacifica, CA 94044
$ 2,100,000 | 5.4% Cap Rate
Description
Fantastic opportunity to own this solid investment in the desirable city of Pacifica. This Five unit building has been privately owned for decades. Recently painted, repiped, sewer lateral replaced, roof maintenance, termite/dryrot work and numerous other upgrades done. Four large two bedroom units of various sizes and one Studio. Two units have large open yards. Washer/Dryer on site. Four units have their own covered parking and an additional parking spot for each. This property can be an owner operated property, possible air-b&b opportunity, or a pure multi tenant rental income property. Current large 2 bedroom with bonus area being remodeled.
5.4% Increased Cap Rate – Due to Updated Information
Highlights
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Purchase Price: $2,100,000 | 5.4% Cap Rate
