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Sold

1391 Broadway

1391 Broadway, MILLBRAE, CA 94030

$3,000,000
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.

6,746 Sq.Ft. LIVING AREA

7,061.076 Sq.Ft. lot

Features & Amenities

Interior

  • Flooring Hardwood, Tile
  • other interior Features Hardwood, Tile

Area & Lot

  • Status Sold
  • Living Area6,746 Sq.Ft.
  • Lot Area7,061.076 Sq.Ft.
  • MLS® IDML81894847
  • TypeMulti-Family
  • YEAR BUILT1959
  • Elementary SchoolGreen Hills Elementary
  • Middle SchoolTaylor Middle
  • High SchoolMills High

Exterior

  • Garage Space7.0
  • water SourcePublic
  • roofTar/Gravel
  • parkingAttached
  • HEAT TYPENatural Gas
  • sewerPublic Sewer
  • SubstructureSlab

Financial

  • Sales Price$3,000,000
  • Zoning R3

Work With Us

Our local expertise has been integral to our success in this increasingly competitive market. With our full service marketing plan, we coordinate the preparation of each home to ensure our clients receive top dollar.