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Sold on 04/09/2026
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41 47 Carmel Ave, Pacifica, CA 94044

  • $1,150,000

    Last sold 04/09/2026 after 53 Days

  • 2

    bed

  • 2

    bath

  • 1,564

    Sqft ($735/Sqft)

Multi-family not for sale
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About 41 47 Carmel Ave

Property type Multi-family
Neighborhood
Year built 1959
HOA fee $0/month
Lot size 3,511 Sqft
Parking 2 garage spaces
Rental estimate
Property description
Located just half a block from the Pacific Ocean and Pacifica Pier, 41-47 Carmel Avenue offers a rare coastal duplex opportunity in the highly desirable West Sharp Park neighborhood. The property features two (2) charming one-bedroom/one-bath units each approximately 550 square feet with large one-car garages and private backyard spaces for each unit. -- The westernmost unit at 41 Carmel Avenue will be delivered VACANT, move-in ready, and ideal for an owner-user or investor seeking immediate market rent potential. The property sits within walking distance to Palmetto Avenues vibrant local scene, including restaurants, coffee shops, bars, boutique stores, and the annual Fog Festival. Enjoy easy access to Highway 1, Sharp Park Golf Course, Mori Point, and scenic coastal trails. --- Built in 1959, this classic beachside duplex rests on a 3,510 square-foot lot and spans approximately 1,564 square feet of total building area. With separate water meters, very low expenses, and strong income potential, its a fantastic investment or 1031 exchange option in one of Pacificas most sought-after locations. --- Offered at a current cap rate of 4.22% and 15.77 GRM, this property blends beach-town charm, convenience, and solid cash flow just steps from the sand.
Listed by
Listing Agent - Nate Gustavson
Listing Office - Compass
Source: MLSListings mls logo
MLS#ML82030733 • last updated 1 month ago
Movoto checked MLSListings for data 2 minutes ago
Overview
Cooling/AC Ceiling Fan
Heating Wall Furnace
Type Residential Income (2-4 Units)
MLS # ML82030733
SqFt 1564
SubType Duplex
Lot Size (Acres) 0.0806
Year Built 1959
Interior
Laundry Washer / Dryer
Kitchen Countertop - Granite
Flooring Laminate, Tile, Vinyl / Linoleum
Accessibility Features Other
Exterior
Foundation Concrete Slab
Roof Shingle, Composition
Construction Concrete Block
Garage/ Parking Desc Attached Garage, Parking Area
# Parking Spaces 2
# Garage Spaces 2
Amenities / Utilities
Water Sources Individual Water Meter
Sewer/ Septic Sewer - Public, Sewer Connected
Utilities Individual Electric Meters, Individual Gas Meters
Security Features None
Location
County San Mateo
Area West Sharp Park
APN 016-012-150
Zoning R30000
Multifamily Details
Unit 1: # Full Baths 1
Unit 1: # Bedrooms 1
Unit 1: Rent 2457
Unit 2: # Bedrooms 1
Unit 2: # Full Baths 1
Unit 2: SqFt 550
Unit 2 Rent 2800
Unit 1: SqFt 550
Total # of Units 2
# Buildings 1
Rental est.: $3,210/month
Gross rent multiplier: 25.8
  • Apr 2026
    mls logo MLS # ML82030733
  • Apr 10, 2026 Sold
    $1,150,000 (+15.6%)
  • Feb 19, 2026 Pending
  • Feb 9, 2026 Contingent
  • Jan 9, 2026 Listed
    $995,000 (-9.5%)
  • Jun 2022
    mls logo MLS # ML81875285
  • Jun 23, 2022 Sold
    $1,100,000
  • Jan 19, 2022 Listed
    $1,100,000
  • 41 47 Carmel Ave
    $1.15M
  • West Sharp Park
  • 94044
    $1.22M -11% y/y
  • Pacifica
    $1.22M -11% y/y
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