15 Santa Maria Avenue, Pacifica, California 94044

  • $1,900,000
15 Santa Maria Avenue, Pacifica, CA 94044
Active
15 Santa Maria Avenue, Pacifica, California 94044
15 Santa Maria Avenue, Pacifica, CA 94044
  • $1,900,000

Description

Compass Commercial is pleased to announce the exclusive listing of 15 Santa Maria Avenue, located just steps from the Pacific Ocean. The subject property presents a rare five (5) unit multifamily investment opportunity in Pacificas highly sought-after West Sharp Park neighborhood. The property consists of one (1) spacious 2-Bedroom/1-Bath unit (~700 sqft) and four (4) 1-Bedroom/1-Bath units (~525 sqft each), complemented by a five-car garage and additional driveway parking. Constructed in 1960 and situated on a 4, 500-square-foot lot, the property encompasses approximately 4, 111 square feet of gross livable space. The offering also includes an adjacent 2, 700-square-foot parcel, providing added value and future potential. Significant recent capital improvements include a new electrical main service (2025), new sewer lateral (2026), new modified bitumen cap sheet roof (2025), and new electrical sub-panels in all units (2026), all done with permits. Each unit is separately metered for gas and electricity. Currently 100% occupied, the asset generates strong in-place annual income of $146, 664 and is offered at a current 5.16% cap rate and 12.95 GRM.

  • Address 15 Santa Maria Avenue
  • State/county CA
  • Zip/Postal Code 94044

Details

Updated on August 22, 2026 at 11:00 am
  • Property ID: ML82058594
  • Price: $1,900,000
  • Property Size: 4111 Sqft
  • Land Area: 0.1653 Acres
  • Year Built: 1960
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • Roof: Bitumen
  • Heating: Wall Furnace
  • County: San Mateo
  • Property Type: Commercial Sale
  • Elementary School: Other
  • Middle School: Other
  • High School: Other

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Hoyt Hochman

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  • Hoyt Hochman