41 Carmel Avenue, Pacifica, California 94044, Pacifica, 94044 - bed, bath

41 Carmel Avenue, Pacifica, California 94044 home-pic-0
ACTIVE$995,000
41 Carmel Avenue, Pacifica, California 94044
0Bed
0Bath
1,564Sqft
3,510Lot
Year Built
1959
Close
-
List price
$995K
Original List price
$995K
Price/Sqft
$636
HOA
-
Days on market
-
Sold On
-
MLS number
ML82026669
Home ConditionFair
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros.

Located just half a block from the Pacific Ocean and Pacifica Pier, 4147 Carmel Avenue offers a rare coastal duplex opportunity in the highly desirable West Sharp Park neighborhood. The property features two (2) charming one-bedroom/one-bath units each approximately 550 square feet with large one-car garages and private backyard spaces for each unit. -- The westernmost unit at 41 Carmel Avenue will be delivered VACANT, move-in ready, and ideal for an owner-user or investor seeking immediate market rent potential. The property sits within walking distance to Palmetto Avenues vibrant local scene, including restaurants, coffee shops, bars, boutique stores, and the annual Fog Festival. Enjoy easy access to Highway 1, Sharp Park Golf Course, Mori Point, and scenic coastal trails. --- Built in 1959, this classic beachside duplex rests on a 3,510 square-foot lot and spans approximately 1,564 square feet of total building area. With separate water meters, very low expenses, and strong income potential, its a fantastic investment or 1031 exchange option in one of Pacificas most sought-after locations. --- Offered at a current cap rate of 4.22% and 15.77 GRM, this property blends beach-town charm, convenience, and solid cash flow just steps from the sand.

Nearby schools

4/10
Sunset Ridge Elementary School
Public,PK-51.4mi
6/10
Ortega Elementary School
Public,K-53.5mi
6/10
Ingrid B. Lacy Middle School
Public,6-80.2mi
6/10
Ocean Shore Elementary School
Public,K-81.0mi
7/10
Vallemar Elementary School
Public,K-81.6mi
7/10
Cabrillo Elementary School
Public,K-82.6mi
/10
Pacifica Independent Home Study
Public,K-83.5mi
/10
Linda Mar Educational Center
Public,K-83.5mi
7/10
Oceana High School
Public,9-120.4mi
6/10
Terra Nova High School
Public,9-123.2mi
7/10
Westmoor High School
Public,9-123.3mi
4/10
Jefferson High School
Public,9-124.4mi

Price History

Date
Event
Price
11/04/25
Listing
$995,000
08/22/13
Sold
$520,000
04/30/03
Sold
$449,500
12/03/98
Sold
$225,000
Condition Rating
Fair

Built in 1959, this duplex shows signs of regular upkeep and some updates, making it move-in ready. However, it has not undergone a full recent renovation. One kitchen features older white appliances and tile flooring, while the other has more modern stainless steel appliances and laminate flooring. One bathroom is clearly updated with a modern vessel sink and fixtures, but the other appears more dated. The property is functional and maintained, but some components are outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: Situated just half a block from the Pacific Ocean and Pacifica Pier, offering unparalleled access to the beach and coastal attractions in the desirable West Sharp Park neighborhood.
Income-Generating Duplex: A rare duplex opportunity featuring two 1-bedroom/1-bath units, providing strong income potential and making it an attractive investment or 1031 exchange option.
Owner-User/Investor Flexibility: One unit will be delivered vacant and move-in ready, ideal for an owner-user seeking immediate occupancy or an investor looking to secure market rent quickly.
Exceptional Walkability & Amenities: Within walking distance to Palmetto Avenue's vibrant local scene, including diverse dining, shopping, and entertainment, plus easy access to Highway 1 and recreational sites like Sharp Park Golf Course.
Solid Investment Metrics: Offered with a current cap rate of 4.22% and 15.77 GRM, coupled with separate water meters and low expenses, indicating a sound financial investment.

Cons

Property Age: Built in 1959, the property may require ongoing maintenance and potential updates to systems or aesthetics to meet modern standards and tenant expectations.
Compact Unit Sizes: Each unit is approximately 550 square feet, which may be considered small by some prospective tenants or owner-users, potentially limiting the rental market or personal living space.
Limited Lot Size: The 3,510 square-foot lot is relatively small for a duplex, which could restrict outdoor living space or future expansion possibilities.

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