Prominently displayed amid Millbrae's most coveted row of multi-family residential buildings, 970 Magnolia Avenue boasts unparalleled access to the shops and restaurants of downtown Millbrae, as well as transportation and highly ranked schools. Behind the buildings stately facade are Twelve sizable and well appointed residential units, some of which have benefitted from recent upgrading... A fantastic opportunity to add a pride of ownership property to your portfolio! Here are some attractive elements of this offering: 12 Units (All are 2-BR, 1-BA), 6 Garage Parking Spaces,Ample Additional On-Street Parking, 11,816 SqFt Building (per Tax Records), 15,400 SqFt Parcel (per Tax Records), Built in 1950, Gross Rental Income: $362,913.48, 100% Occupied: Ten (10) tenants are currently month-to-month with two (2) tenants on existing leases.
MLS #
ML81925753
MLS Source
MLSListings, Inc.
Flooring
Carpet, Concrete, Hardwood, Laminate, Vinyl/Linoleum
Laundry
Coin Operated
Cooling
None
Heating
Gas, Wall Furnace
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Garage/Parking
Assigned Spaces, Attached Garage, On Street, Garage: 6 Car(s)
Elementary District
Millbrae Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R3
Listing Agent
Gregory Terry
Compass
License #: 00957651
Phone: (650) 678-1110
Co-Listing Agent
Jeff Harber
License #: 01779765
Phone: (650) 740-2418
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 12 | 12 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 2 | 1/0 | $2,287 | $2,850 | 12 |
970 Magnolia Ave is a Residential Income in Millbrae, CA 94030. This 11,816 square foot property sits on a 0.353 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at – and was built in 1950.
This address can also be written as 970 Magnolia Ave, 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.
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This listing information is up-to-date as of October 26, 2024. For the most current information, please contact Gregory Terry, (650) 678-1110