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 3, 2022

Listed

November 22, 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

Listed by Compass, Gregory Terry, Jeff Harber
Listing Contact: 6506781110 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Wen Guo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Wen Guo are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 4:52 AM UTC, 11/22/2024

 

 

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