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Closed
- Listed price
- $2,500,000
- Listed Mar 31, 2022
- Sold price
- $1,880,000
- Sold Jul 1, 2022
8,703 sqft lot|1965 Built|64 days listed
2316 Palmetto Ave, Pacifica, CA 94044
Property Description
2316 Palmetto Ave presents an opportunity to purchase a multi-family/mix-use investment property in San Mateo County. This building was originally constructed in 1965 on a .20 acres in the Brighton Beach neighborhood. The City of Pacifica is located between South San Francisco and Half Moon Bay. This building has a total of 7 fully occupied units with long-term tenants. Upstairs has 5 1 bed/1bath units. Downstairs has 2 commercial/retail spaces. There is unit downstairs currently used as a management office that could be converted into an on-site laundry room. There are 4 carports for tenants with additional storage and an off-street, common parking area. The roof was replaced in approx. 2003. In it's current state of occupancy, the property is yielding a 4% cap rate. Opportunity for income growth or even opportunity to expand or add an additional building. Blocks from Pacifica Beach Park, Sharp Park Golf Course, downtown, restaurants, shopping & commute access! Views: Downtown
Listing agent: Nicole QuichochoDRE #01930852nicole@yellowbrickrd.realestate, Listing office: Yellow Brick Rd. REALTORS
MLS data updated 10/21/2026, 6:31:12 AM PT
Source: CRMLSMLS #: 40986486
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,880,000
Jul 1, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,880,000Closed sale · Jul 1, 2022ZIP 94044 · Jul 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMar 31, 2022 – Jul 1, 2022
ZIP 94044 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.