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

November 1, 2021

Listed

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


Buyer Agency Compensation

2.5%

Listed by Intero Real Estate Services, Maggie Li, John St. Georges
Listing Contact: 6505337351 

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.

©2024 MLS Listing, Inc. All rights reserved.

Data last updated 9:54 PM UTC, 3/9/2024

 

 

Powered byLuxury Presence