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Sold on 04/30/2025

73 Carmel Ave, Pacifica, CA 94044

  • $1,594,000

    Last sold 04/30/2025 for $1.5M

  • 8

    bed

  • 4

    bath

  • 3,072

    Sqft ($488/Sqft)

Multi-family not for sale
Movoto is helping 12 homebuyers near you

About 73 Carmel Ave

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 4,344 Sqft
Movoto estimate
Property description
73 Carmel Ave is a charming four-unit building, each featuring two bedrooms and one bathroom. Every unit includes two carport parking for tenants. With a gross annual income of $111,276 and an impressive 4.94% actual cap rate, this property represents a solid investment opportunity. Located just half a block from the water, the property offers easy access to Highway 1, nearby restaurants, schools, and more. Additionally, 73 Carmel Ave connects to 65 Carmel Ave, which is also available for sale. Buyers have the option to purchase either property separately or together for a comprehensive investment. Seller financing options are available. Don't miss out on this fantastic opportunity!
Listed by
Listing Agent - Ying He
Listing Office - Jenny He Realty Associates
Source: SFARMLS mls logo
MLS#425032248 • last updated 11 months ago
Movoto checked SFARMLS for data 3 minutes ago
Overview
Cooling/AC None
Levels/Style 2, 0
SqFt 3072
SubType Quadruplex, Apartments
Type Residential Income
MLS # 425032248
Status Closed
Lot Size (Acres) 0.0997
Lot Size (SqFt) 4344
Year Built 1963
Condition Original
Interior
Laundry In Common Area, Washer/Dryer Hookups
Total # of Rooms 16
Appliances Free Standing Electric Range, Free Standing Refrigerator
Accessibility Features None
Exterior
Construction Stucco
Roof Flat
# Covered Spaces 4
# Carport Spaces 8
Lot Desc Shape Regular, Sidewalk
Amenities / Utilities
Water Source Meter On Site, Public
Utilities Natural Gas Connected
Sewer/ Septic Sewer Connected
Security Features Carbon Mon Detector, Smoke Detector
Location
View Water
County San Mateo
APN 016-012-250
Multifamily Details
Unit 2: # Bedrooms 2
Unit 4: # Of Rooms 4
Unit 4: # Bedrooms 2
Unit 2: # Full Baths 1
Unit 1 Apartment, 2 Bedroom 1 Bath
Unit 3 Apartment, 2 Bedroom 1 Bath
Unit 2 Apartment, 2 Bedroom 1 Bath
Unit 4 Apartment, 2Bedroom 1 Bath
Unit 3: Rent 2155
Unit 4: # Full Baths 1
Unit 2: SqFt 700
Unit 2 Sqft Source Not Measured
Unit 1: # Bedrooms 2
Unit 3 Sqft Source Not Measured
Unit 3: SqFt 700
Unit 1: Rent 2101
Unit 4: SqFt 700
Unit 4 Sqft Source Not Measured
Unit 2: Rent 2695
Unit 1: # Full Baths 1
Separate Meters Common Area Meter, Electricity, Gas
Unit 1: SqFt 700
Unit 3: # Bedrooms 2
Unit 3: # Full Baths 1
Unit 4: Rent 2322
Unit 3 # Of Rooms 4
Unit 1: # Of Rooms 4
# Units Furnished None
# Of Units Total 4
# Of 2 Bedroom Units 4
# Of Units Month To Month 4
# Of Units Leased 4
Gross Rent Multiplier 13.48
Expense: Utilities 7406
Cap Rate 4.94
Lot/ Land Details
Topography Level
$1.59M
Range: $1.43M-$1.75M
Last 30 days 
  • Jun 2025
    mls logo MLS # 425032248
  • Jun 11, 2025 Sold
    $1,500,000
  • Apr 30, 2025 Pending
    —
  • Apr 18, 2025 Listed
    $1,499,000
  • 73 Carmel Ave
    $1.5M
  • West Sharp Park
    $1.34M -7% y/y
  • 94044
    $1.22M -11% y/y
  • Pacifica
    $1.22M -11% y/y
No chart available
Statistics calculated by Movoto

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6/10
Ocean Shore Elementary School
public Grades K-8
Pacifica School District
3/10
Sunset Ridge Elementary School
public Grades K-5
Pacifica School District
6/10
Vallemar Elementary School
public Grades K-8
Pacifica School District
6/10
Ingrid B. Lacy Middle School
public Grades 6-8
Pacifica School District
8/10
Oceana High School
public Grades 9-12
Jefferson Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • San Mateo County
  • Pacifica
  • 94044
  • West Sharp Park
  • 73 Carmel Ave
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