---
listing_id: ML81925753
status: Closed
price: 6055000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 11816
sqft_lot: 15400
lot_acres: 0.353
year_built: 1950
property_type: Residential Income
property_subtype: 
address: "970 Magnolia Ave"
city: Millbrae
state: CA
zip: 94030
county: "San Mateo County"
lat: 37.604413
lng: -122.397696
days_on_market: 1096
hoa_fee: 
hoa_frequency: 
garage_spaces: 6
list_agent: "Gregory Terry"
list_office: "Compass"
list_agent_phone: "(650) 678-1110"
list_agent_license: 00957651
mls_source: MLSL
modified: 2026-02-01
transaction_type: recentlySold
---

Home | San Mateo County | Millbrae | 94030 | 970 Magnolia Ave

970 Magnolia Ave, Millbrae, CA 94030

MLS: ML81925753 | Status: | Price: $6,055,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Acres Lot Yr Built
11,816 0.353 1950

Remarks

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 Listing Information

Field Value
MLS # ML81925753
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Flooring Carpet, Concrete, Hardwood, Laminate, Vinyl/Linoleum
Laundry Coin Operated
Cooling None
Heating Gas, Wall Furnace

Exterior Features

Feature Details
Roof Composition, Shingle
Foundation Concrete Perimeter

Parking, School, and Other Information

Feature Details
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

Contact Information

Listing Agent Co-Listing Agent
Gregory Terry Jeff Harber
Compass
License #: 00957651 License #: 01779765
Phone: (650) 678-1110 Phone: (650) 740-2418

Property Units

# Buildings # Leased Units # Total Units
1 12 12

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 2 1/0 $2,287 $2,850 12

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Green Hills Elementary School public K-5 0.42 mi 10
Taylor Middle School public 6-8 0.51 mi 8
Lomita Park Elementary School public K-5 0.51 mi 5
Capuchino High School public 9-12 0.64 mi 7
Mills High School public 9-12 0.83 mi 10
Spring Valley Elementary School public K-5 1.03 mi 10
Meadows Elementary School public K-5 1.20 mi 9
Franklin Elementary School public K-5 1.21 mi 10
Burlingame Intermediate School public 6-8 1.31 mi 10
Parkside Intermediate School public 6-8 1.45 mi 5
Belle Air Elementary School public K-5 1.46 mi 3
Lincoln Elementary School public K-5 1.55 mi 8
Peninsula High public 9-12 1.62 mi N/A
Peninsula High (Continuation) public 9-12 1.62 mi 4
Allen (Decima M.) Elementary School public K-5 1.71 mi 6
Hoover Elementary public K-5 2.10 mi 8
John Muir Elementary School public K-5 2.15 mi 9
BSD Preschool public UG 2.30 mi N/A
Roosevelt Elementary School public K-5 2.33 mi 6
McKinley Elementary School public K-5 2.82 mi 8

Disclosures

©2026 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 February 01, 2026. For the most current information, please contact Gregory Terry, (650) 678-1110.