Millman Team Real Estate

$28,250,000
1.05 Acre Lot

Esplanade Avenue, Pacifica, California 94044

  • Commercial Sale Property Type
  • 1965 Year Built
Property Description

The Bluffs at Pacifica is a stunning 63-unit oceanfront apartment community at 360 & 380 Esplanade Ave in Pacifica, CA. Situated on a 3.26-acre parcel, the property offers a mix of three-, two-, one-bedroom, and studio floor plans across 57,367 SF. Residents enjoy premium amenities including private parking, EV charging, a fitness center, and a resident lounge. The property has undergone approximately $9.45M in upgrades, including interior renovations with upgraded kitchens and bathrooms, stainless steel appliances, granite countertops, smart thermostats and locks, in-unit washers and dryers, elegant wood flooring, and major bluff reinforcement. Its unbeatable coastal location provides easy access to San Francisco, local beaches, shopping, dining, and top employers, making it highly desirable for tenants. Surrounded by scenic views of the Pacific Ocean, nearby walking and biking trails, and a vibrant local community, the property offers a resort-like lifestyle with convenience and charm. Strong local fundamentals, low vacancy, and high rental demand enhance its long-term investment appeal, offering a rare opportunity for Bay Area investors seeking both lifestyle and value, with immediate upside potential for rent growth.

Basic Details
Commercial Sale
For Sale
ML82025459
$28,250,000
1965
1.05 Acre
Active
: Shingle
Features
: Wall Furnace
: None
$0
Address Map
CA
San Mateo
Pacifica
94044
Esplanade
Avenue
699 - Not Defined
R30000
Neighborhood
Other
Additional Information
$0
$0
$0
$0
$0
31327
2025-10-21
: Public
Broker/Agent Information
Marcus & Millichap
Adam S. Levin
Financial
360081.0
Listing Information
Robert Johnston
ML482270
ML88226
Marcus & Millichap
ML478732
ML88226
Active
2025-10-21T21:22:00Z
CRMLS
: Standard
2025-10-21T06:06:26Z
Agent info
Ray Millman
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