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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

0.162 Acres lot

Features & Amenities

Interior

  • Flooring Carpet, Hardwood, Tile, Vinyl / Linoleum

Area & Lot

  • Status Sold
  • Living Area6,746 Sq.Ft.
  • Lot Area0.162 Acres
  • MLS® IDML81894847
  • TypeCOMMERCIAL
  • YEAR BUILT1959
  • View DescriptionIndividual Electric Meters, Individual Gas Meters, Public Utilities

Exterior

  • Garage Space7
  • water SourcePublic
  • utilitiesIndividual Electric Meters, Individual Gas Meters, Public Utilities
  • roofTar and Gravel
  • parkingAssigned Spaces, Attached Garage, Carport
  • HEAT TYPEGas, Wall Furnace
  • AIR CONDITIONINGNone
  • sewerSewer - Public, Sewer Connected
  • SubstructureConcrete Perimeter and Slab
  • security FeaturesNone

Financial

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

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