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!
Sold for $1,500,000
$1,500,000
73 Carmel Ave, Pacifica, CA 94044
8beds
3,072sqft
Quadruplex
Built in 1963
-- sqft lot
$1,526,600 Zestimate®
$488/sqft
$3,709 Estimated rent
Home value
$1,526,600
$1.37M - $1.69M
$3,709/mo
Zestimate® history
Owner options
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$3,709/mo
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$3,709/mo
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$9,484/mo
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List your homeWhat's special
Two carport parking
Zillow last checked:
Listing updated:
Listed by:
Ying He DRE #01255995 415-860-8320,
Jenny He Realty Associates 415-466-6880
Bought with:
Sonny Tang, DRE #01949981
Corcoran Icon Properties
Source: SFAR,MLS#: 425032248
Originating MLS: San Francisco Association of REALTORS
Originating MLS: San Francisco Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- None
Appliances
- Included: Free-Standing Electric Range, Free-Standing Refrigerator
- Laundry: Common Area, Washer/Dryer Hookups
Interior area
- Total structure area: 3,072
- Total interior livable area: 3,072 sqft
Property
Parking
- Total spaces: 8
- Parking features: Carport
- Carport spaces: 8
Accessibility
- Accessibility features: None
Features
- Stories: 2
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Lot
- Size: 4,344 Square Feet
- Features: Shape Regular, Sidewalk
- Topography: Level
Details
- Parcel number: 016012250
- Special conditions: Probate Listing
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Stucco
- Roof: Flat
Condition
- Original
- Year built: 1963
Utilities & green energy
- Electric: Separate Meter
- Gas: Separate Meter
- Water: Meter on Site, Public
- Utilities for property: Common Area Meter, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
HOA
- Has HOA: No
Location
- Region: Pacifica
- Elevation: 0
Financial & listing details
- Price per square foot: $488/sqft
- Tax assessed value: $619,226
- Annual tax amount: $11,115
- Date on market: 4/27/2025
- Cumulative days on market: 3 days
- Listing terms: Owner May Carry
- Total actual rent: 9273
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2025 | Sold | $1,500,000+0.1%$488/sqft |
Source:  SFAR #425032248 Report a problem | ||
| 5/1/2025 | Pending sale | $1,499,000$488/sqft |
Source: SFAR #425032248 Report a problem | ||
| 4/27/2025 | Listed for sale | $1,499,000+279.5%$488/sqft |
Source: SFAR #425032248 Report a problem | ||
| 9/11/1998 | Sold | $395,000$129/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,115 +2.7% | $619,226 +2% |
| 2024 | $10,821 +4.3% | $607,085 +2% |
| 2023 | $10,380 +10.5% | $595,182 +2% |
| 2022 | $9,389 -4.3% | $583,513 +2% |
| 2021 | $9,808 +0.5% | $572,073 +1% |
| 2020 | $9,755 +1.7% | $566,208 +2% |
| 2019 | $9,593 +7.5% | $555,107 +2% |
| 2018 | $8,926 +10.5% | $544,224 +2% |
| 2017 | $8,076 +7.1% | $533,554 +2% |
| 2016 | $7,539 -2.9% | $523,093 +1.5% |
| 2015 | $7,764 -3.3% | $515,236 +2% |
| 2014 | $8,030 | $505,144 +0.5% |
| 2013 | -- | $502,862 +2% |
| 2012 | -- | $493,003 |
| 2011 | -- | $493,003 +2.8% |
| 2010 | -- | $479,726 -0.2% |
| 2009 | -- | $480,867 +2% |
| 2008 | -- | $471,439 +2% |
| 2007 | -- | $462,196 +2% |
| 2006 | -- | $453,134 |
| 2005 | -- | $453,134 +4% |
| 2004 | -- | $435,540 +1.9% |
| 2003 | -- | $427,558 +2% |
| 2002 | -- | $419,176 +2% |
| 2001 | -- | $410,958 +2% |
| 2000 | -- | $402,900 |
Find assessor info on the county website
Neighborhood: 94044
Nearby homes
- $1,205,8002 bd1 ba-- sqft73 Carmel Ave APT 6, Pacifica, CA 94044Off Market
- $1,503,0008 bd4 ba3k sqft65 Carmel Ave, Pacifica, CA 94044Sold
- $687,5001 bd1 ba400 sqft87 Carmel Ave, Pacifica, CA 94044Off Market
- $822,1001 bd1 ba400 sqft87 Carmel Ave #A, Pacifica, CA 94044Off Market
- $995,3002 bd2 ba1.2k sqft47 Carmel Ave, Pacifica, CA 94044Off Market
- $1,166,6002 bd1 ba1k sqft70 Paloma Ave, Pacifica, CA 94044Off Market
- $--1 bd1 ba780 sqft70 Paloma Ave #70A, Pacifica, CA 94044Off Market
- $--1 bd1 ba760 sqft70 Paloma Ave #A, Pacifica, CA 94044Off Market
Nearby schools
GreatSchools rating
- 8/10Ocean Shore Elementary SchoolGrades: K-8Distance: 1 mi
- 8/10Terra Nova High SchoolGrades: 9-12Distance: 3 mi
- 7/10Ingrid B. Lacy Middle SchoolGrades: 6-8Distance: 0.2 mi
Schools provided by the listing agent
- District: San Mateo
Source: SFAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,526,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,526,600
- California
- San Mateo County
- Pacifica
- 94044
- 73 Carmel Ave
Nearby cities
Nearby zip codes
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