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$1,900,000
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Property Description
Compass Commercial is pleased to announce the exclusive listing of 15 Santa Maria Avenue, located just steps from the Pacific Ocean. The subject property presents a rare five (5) unit multifamily investment opportunity in Pacificas highly sought-after West Sharp Park neighborhood. The property consists of one (1) spacious 2-Bedroom/1-Bath unit (~700 sqft) and four (4) 1-Bedroom/1-Bath units (~525 sqft each), complemented by a five-car garage and additional driveway parking. Constructed in 1960 and situated on a 4,500-square-foot lot, the property encompasses approximately 4,111 square feet of gross livable space. The offering also includes an adjacent 2,700-square-foot parcel, providing added value and future potential. Significant recent capital improvements include a new electrical main service (2025), new sewer lateral (2026), new modified bitumen cap sheet roof (2025), and new electrical sub-panels in all units (2026), all done with permits. Each unit is separately metered for gas and electricity. Currently 100% occupied, the asset generates strong in-place annual income of $146,664 and is offered at a current 5.16% cap rate and 12.95 GRM.
Full Property Details
Full Property Details for 15 Santa Maria Ave
General
- Price: $1,900,000
- Status: Active
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82058594
- Updated: 8/21/2026
- Added to Site: 52 day(s) ago
Interior
- Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
Rooms
Other Rooms
- Kitchen: Formica Countertop, Oven/Range, Refrigerator, Varies by Unit
- Laundry: Washer/Dryer in Some Units
Additional Information
- Security/Safety: None
Parking
- Garage Spaces: 5
- Parking Features: Attached Garage, Uncovered Parking
Location
- Area: West Sharp Park
- County: San Mateo
- Cross Streets: Palmetto Avenue & Beach Blvd
Heating & Cooling
- Cooling Type: Ceiling Fan
Utilities
- Sewer: Public Sewer, Sewer Connected
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water, Separate Common Area, Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Perimeter and Slab
- Roof: Bitumen
- Disability Access: None
- Square Feet: 4,111
- Year Built: 1960
Unit Information
Unit 1
- Square Feet: 700
- Bedrooms: 2
Unit 2
- Square Feet: 525
- Bedrooms: 1
Lot Features
- Property View: Ocean, Water
- Lot Size (Acres): 0.16
- Minimum Lot Size: 7200
- Building Sites: 1
- Zoning: Multifamily Commercial 5+
- Lot Description: Views
Disclosures and Reports
- Restrictions: None
Listed by Compass, Nate Gustavson
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Schools
Schools serving 15 Santa Maria Ave
School Districts:Jefferson Union High School District, Pacifica School District
| Name | Grades | Distance |
|---|---|---|
Ocean Shore Elementary School 411 Oceana Boulevard, Pacifica, CA 94044 | K-8 | 1 mi |
Sunset Ridge Elementary School 340 Inverness Drive, Pacifica, CA 94044 | K-5 | 1.4 mi |
Vallemar Elementary School 377 Reina Del Mar Avenue, Pacifica, CA 94044 | K-8 | 1.5 mi |
Ingrid B. Lacy Middle School 1427 Palmetto Avenue, Pacifica, CA 94044 | 6-8 | 0.2 mi |
Terra Nova High School 1450 Terra Nova Boulevard, Pacifica, CA 94044 | 9-12 | 2.9 mi |
Cabrillo Elementary School, Pacifica, CA 601 Crespi Drive, Pacifica, CA 94044 | K-8 | 2.6 mi |
Ortega Elementary School 1283 Terra Nova Boulevard, Pacifica, CA 94044 | K-5 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15 Santa Maria Ave
Date
Details
Price
Change
Source
8/21/2026
Listed
$1,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15 Santa Maria Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,539
—
$2,121,780
90%
2025
$15,539
1%
$1,114,567
2%
2024
$15,326
3%
$1,092,714
2%
2023
$14,867
245%
$1,071,289
611%
2022
$4,305
-1%
$150,608
2%
2021
$4,332
3%
$147,656
1%
2020
$4,222
5%
$146,143
2%
2019
$4,019
6%
$143,278
2%
2018
$3,787
1%
$140,470
2%
2017
$3,767
5%
$137,716
2%
2016
$3,585
1%
$135,017
2%
2015
$3,554
2%
$132,990
2%
2014
$3,473
9%
$130,386
—
2013
$3,180
—
$129,797
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15 Santa Maria Ave
15 Santa Maria Ave, Pacifica, CA 94044 (MLS# ML82058594) is a Commercial Residential Facility property. 15 Santa Maria Ave is currently listed for $1,900,000 and was received on August 21, 2026. Want to learn more about 15 Santa Maria Ave? Do you have questions about finding other Commercial Residential Facility real estate for sale in West Sharp Park? You can browse all West Sharp Park real estate or contact a Coldwell Banker agent to request more information.

