A rare and unique development opportunity in the heart of Pacifica, CA. This expansive 3-acre property is divided into three distinct parcels, each offering incredible potential for multifamily and commercial development. The first 2 parcels is part of the Pacifica Housing Element and is approved for up to 69 low-income housing units. This parcel is ideal for developers looking to contribute to the community with affordable housing options. The second parcel, zoned C-2, is suitable for an additional 34 multifamily units based on the Pacifica Zoning Code, making it perfect for mixed-use development with both commercial and residential components. Located just minutes away from Pacificas stunning beaches, this property offers a serene and scenic environment for future residents. It is conveniently situated near major employers in the San Francisco Bay Area, making it an attractive location for working professionals. With easy access to major highways, including Highway 1 and Interstate 280, the property ensures seamless connectivity to San Francisco, Silicon Valley, and beyond. The surrounding area boasts local schools, parks, shopping centers, and dining options, offering a well-rounded lifestyle for residents.
Property Details
Property Features
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (650) 391-1700
Listing Agent: Sam Runco
Lot Features
Lot Information:
Lot Size: 3.05 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $9,999,999
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $8.9M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81974267
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (650) 391-1700
Listing Agent: Sam Runco
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/23/2024, 5:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Palisades Charter Elementary
800 Via De La Paz
Distance between this listing and this school0.83 miles
Public Charter Grades KG-5
7
/10
Marquez Charter Elementary School
16821 Marquez Ave
Distance between this listing and this school0.84 miles
Public Charter Grades KG-5
8
/10
Canyon Charter Elementary
421 Entrada Dr
Distance between this listing and this school1.49 miles
Public Charter Grades KG-5
Nearby Schools
7
/10
Paul Revere Charter School
1450 Allenford Ave
Distance between this listing and this school2.76 miles
Public Charter Grades 6-8
8
/10
Lincoln Middle School
1501 CA Ave
Distance between this listing and this school2.78 miles
Public District Grades 6-8
9
/10
Santa Monica Alternative (K-8)
2525 5th St
Distance between this listing and this school3.90 miles
Public District Grades KG-8
Nearby Schools
8
/10
Palisades Charter High School
15777 Bowdoin St
Distance between this listing and this school0.83 miles
Public Charter Grades 9-12
9
/10
Santa Monica High School
601 Pico Blvd
Distance between this listing and this school3.45 miles
Public District Grades 9-12
2
/10
Olympic High (Continuation)
721 Ocean Park Blvd
Distance between this listing and this school4.02 miles
The neighbors living near this home have an average income of $108,944. The most common annual income of people living in Los Angeles, CA is between $100k-200k. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
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This home sits on a 3.05 acre lot. It has been listed on Rocket Homes since July 24, 2024 and is currently priced at $9,999,999.
In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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