Sold
1391 Broadway
MILLBRAE CA, 94030
$3,000,000
$444.71 per sqft
Sold
6,746 sqft
Multi-family
Built in 1959
Listed by Compass, Gregory Terry, Jeff Harber Listing Contact: 6506781110
Ideally situated near downtown Millbrae, SFO and highly rated schools, this 7 unit building offers a desirable mix of Six 1-BR units and One 2-BR unit, many of which have been recently remodeled. Built in 1959 and meticulously maintained since, 1391 Broadway is a true pride of ownership property with favorable rents and additional upside potential. Here are some features of this opportunity: 7 Units (Six 1-BR; 1-BA & One 2-BR; 1-BA), 7 Parking Stalls: 5 Garage Spaces; 2 Additional Covered Spaces, 6,746 SqFt Building (per Tax Records), 7,062 SqFt Parcel (per Tax Records), Built in 1959, Gross Rental Income: $163,128.00, 100% Occupied: Five tenants are currently month-to-month with two tenants on existing leases. Sellers are also selling 970 Magnolia Avenue in Millbrae - MLS #: ML81894848 (12x 2BR/1BA units) for $6,898,000.
ML81894847
MLSⓇ ID
June 18, 2022
Listed
March 9, 2024
Updated
Map
1391 Broadway
MILLBRAE CA, 94030
Interior Features
Interior Features
Hardwood, Tile
Floor Description
Hardwood, Tile
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Roof
Tar/Gravel
Sewer
Public Sewer
School Information
School District
932
High School
Mills High
Elementary School
Green Hills Elementary
Other Property Details
Area Name
Millwood
Garage
Yes
Garage Spaces
7
Parking
Attached
Parking Total
7
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
R3
Buyer Agency Compensation
2.5%
Listed by Compass, Gregory Terry, Jeff Harber
Listing Contact: 6506781110
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Data last updated 10:01 PM UTC, 3/9/2024