667-669 Crespi DR, Pacifica, CA 94044

$3,400,000

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List Price
$3,400,000
MLS#
ML82026937
Status
ACTIVE
Property Type
com
Lot Size
18,295
Listing Area
Linda Mar
Year Built
1964

Property Description

Multi-Tenant medical and professional office building, in the heart of Pacifica's Linda Mar district. This investment opportunity, offers 7,184 sqft of gross leasable area on a18,295 sqft lot, featuring 14 suites with 9 established tenants and 3 vacant units offering immediate upside potential. Tenancy is comprised of medical professionals, dentists, podiatrists, wellness providers, and other professionals, creating a stable and synergistic tenant mix. The property's flexible suite layout and zoning allow for continued multi-tenant operation or conversion to an owner-user headquarters with additional income from surrounding suites. With rents below market and vacancy upside, this asset presents a compelling value-add or owner-user investment along one of the most sought-after stretches of the Northern California coast. Located just off Hwy 1, the property benefits from excellent visibility and accessibility within walking distance to Linda Mar Beach, Safeway Shopping Center, and a vibrant mix of local anchor businesses including McDonald's, Starbucks, Chase Bank, and Ross. This highly desirable corridor along the San Mateo County Coast offers limited supply and consistent demand from professional and medical tenants seeking proximity to both San Francisco and the Mid-Peninsula.

Additional Information

Acres
0.42
Age
61
Cooling System
None
Foundation
Concrete Perimeter
Garage Parking
Common Parking Area, Covered Parking, Guest / Visitor Parking, No Garage, Off-Street Parking, Unassigned Spaces
Heating System
Central Forced Air - Gas
Lot Size
18,295
Neighborhood
Linda Mar
Other Utilities
Master Meter, Public Utilities
Present Use
Medical/Dental, Office
Roof
Bitumen
Sewer
Sewer - Public
Special Features
Parking
Zoning
C1

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Matt Aragoni from Coldwell Banker Realty. 650-483-8949

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