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31859794
31859795

4 Locations

CS
CA 01701425
Corcoran Icon Properties
Listed by Corcoran Icon Properties
$4,200,000
41 days on market
Updated 41 days ago

85 Clarendon Rd

Details
APN 016315170, 016315160
Property Type Multifamily
Square Footage 6,425
Units 4
Cap Rate 1.30%
NOI $55,934
Tenancy Multi
Pro-Forma Cap Rate 2.90%
Pro-Forma NOI $122,025
Price per SqFt $623
Year Built 1925
Buildings 2
Lot Size (SqFt) 8,900
Parking Spaces 4 spaces
Parking Per SqFt 0.62
Investment Type Value Add

Multifamily | 1.30% CAP | 4 Units

Marketing description

Nestled near the scenic Pacific coastline in Pacifica, 85 Clarendon Ave presents a rare multi-unit opportunity just steps from Sharp Park Beach and Sharp Park Golf Course. This unique property includes four units: a spacious main residence, a detached cottage, and a split carriage house, along with three garages.

The main home features 4 bedrooms and 3 bathrooms with high ceilings, wood flooring, abundant natural light, and a living room with a stone fireplace. Outdoor spaces capture expansive ocean and golf course views, including a crows nest lookout.

Additional units include three 1-bedroom, 1-bath residences offering strong rental income potential. Convenient access to Highway 1 provides connectivity to San Francisco and San Francisco International Airport. Close to local amenities, coastal trails, and community attractions. Some photos virtually staged

Investment highlights

The main home features 4 bedrooms and 3 bathrooms with high ceilings, wood flooring, abundant natural light, and a living room with a stone fireplace. Outdoor spaces capture expansive ocean and golf course views, including a crows nest lookout.

Additional units include three 1-bedroom, 1-bath residences offering strong rental income potential. Convenient access to Highway 1 provides connectivity to San Francisco and San Francisco International Airport. Close to local amenities, coastal trails, and community attractions. Some photos virtually staged

Listing Contacts

CS
CA 01701425
Corcoran Icon Properties
Listed by Corcoran Icon Properties

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$55,933.57
$4,661.13/mo

Valuation Metrics

0
DSCR
1.33%
Cap Rate
1.33%
ROI

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Additional Information

Name
Charles Sugimoto
License
01701425
Brokerage Phone
415.695.7707
Brokerage Address
4040 24th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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