Millbrae, CA 94030,1391 Broadway
$3,000,000
$3,250,000
7.7%
Est.Price: ?

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6,746 SqFt

1391 Broadway Millbrae, CA 94030

Est. payment /mo
SOLD DATE : 08/19/2022

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Key Details

Sold Price $3,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,746 sqft

Price per Sqft $444

MLS Listing ID ML81894847

Sold Date 08/19/22

HOA Y/N No

Year Built 1959

Lot Size 7,062 Sqft

Acres 0.16

Property Description

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.

Location

State CA

County San Mateo

Area Listing

Zoning R3

Interior

Heating Natural Gas, Wall Furnace

Cooling None

Flooring Hardwood, Tile

Fireplace No

Exterior

Parking Type Attached, Assigned

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 021276290

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Bridge MLS
Listed by Gregory Terry • Compass
Bought with TomFanucchi

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