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.
|LAST UPDATED||3/4/2021||YEAR BUILT||1969|
|COMMUNITY||Telescope Hills/Silva Ranch||COUNTY||San Mateo|
|STATUS||Active||PROPERTY TYPE(S)||Multi Family|
|School District||San Mateo Union High|
|AREA||Telescope Hills/Silva Ranch|
|BASEMENT||Foundation: Concrete Slab|
|GARAGE||Carport , Common Parking Area, On Street|
|LOT||8999 sq ft|
|SEWER||Sewer: Sewer - Public|
|ZONING||R-3 Multi Family|
TOTAL MONTHLY PAYMENT
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Based on information from MLSListings MLS as of 4/11/21 12:22 PM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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