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1391 Broadway Millbrae, CA 94030
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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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Bought with TomFanucchi