Sold
498 Lincoln CIR
MILLBRAE CA, 94030
$4,690,000
$468.53 per sqft
Sold
10,010 sqft
Multi-family
Built in 1969
Listed by Intero Real Estate Services, Maggie Li, John St. Georges Listing Contact: 6505337351
Prime 9 Unit Residential Apartment Building in Downtown Millbrae, CA. Features larger than average 2 and 3 bedroom units, providing a desirable unit mix for today's work from home (WFH) environment. Property has a stable tenant base with low turnover and a track record of consistent rental revenue and income. Most units are presently rented at below the market average rent providing upside potential. Property is rated as Very Walkable (Walk Score 72/100). Nearby are Trader Joes, Walgreens, Safeway, Starbucks, Gyms, restaurants, small shops, cafes, Millbrae Library, and Central Park with Community Gardens, Tennis Courts, sports fields, Rec Center, & Playgrounds. Centrally located on the Peninsula with access to 101, 280, 380, & Millbrae BART and CalTrain Stations, providing transit to San Francisco, Silicon Valley, Stanford, San Jose, & major employers including San Francisco Airport (SFO), Oracle, Electronic Arts, Genentech, GiLead Sciences, Visa, Youtube, Facebook.
ML81832501
MLSⓇ ID
March 9, 2024
Updated
Map
498 Lincoln CIR
MILLBRAE CA, 94030
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Sewer
Public Sewer
School Information
School District
932
Other Property Details
Area Name
Telescope Hills/Silva Ranch
Garage
No
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
R-3 Multi Family
Listed by Intero Real Estate Services, Maggie Li, John St. Georges
Listing Contact: 6505337351
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Data last updated 9:54 PM UTC, 3/9/2024