1391 Broadway

MILLBRAE, CA, 94030

$3,000,000

$444 per ft²
$3,000,000
$444 per ft²
Sold
Sold
carpenters-square
6,746 ft²
property_type
Commercial
calendar
Built 1959
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.
MLS® ID:
ML81894847
Updated:
10/7/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Carpet, Hardwood, Tile, Vinyl / Linoleum
Cooling
None
Heating
Gas, Wall Furnace

Exterior/Building Features

Lot Size
7,061 ft² lot
Roof
Tar and Gravel
Sewer
Sewer - Public, Sewer Connected

Other Property Details

Area Name
492
Garage
Yes
Garage Spaces
7
Parking
Assigned Spaces, Attached Garage, Carport
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Public
Pool
Yes
Zoning
R3

Property History

Date
Event
Price
Value
8/19/22
Sold
-
-
8/19/22
Price Change
$3,000,000
-7%
7/27/22
Pending
-
-
6/21/22
Under Contract
-
-

 

Courtesy of Compass, Gregory Terry,
Listing Contact:  

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Data last updated 12:11 AM UTC, 10/7/22

 

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