Property Details
About this Property
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 Listing Information
MLS #
ML81894847
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Carpet, Hardwood, Tile, Vinyl/Linoleum
Cooling
None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Tar/Gravel
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Attached Garage, Carport, Garage: 7 Car(s)
Elementary District
Millbrae Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R3
Contact Information
Listing Agent
Gregory Terry
Compass
License #: 00957651
Phone: (650) 678-1110
Co-Listing Agent
Jeff Harber
License #: 01779765
Phone: (650) 740-2418
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | $1,575 | $2,100 | 6 |
| 2 | – | 2 | 1/0 | $2,650 | $2,650 | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
1391 Broadway is a Residential Income in Millbrae, CA 94030. This 6,746 square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1959. This address can also be written as 1391 Broadway, Millbrae, CA 94030.
©2024 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of June 27, 2024. For the most current information, please contact Gregory Terry, (650) 678-1110
