$5,180,000
For Sale

1365 Broadway

Millbrae, CA 94030
0.27 acres | #ML81969408
Listing OfficeCompass
Browse 226 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Price Reduction of $500,000! - Nate Gustavson & Cameron Foster of Compass Commercial are pleased to announce the exclusive listing of a 12-unit apartment complex located in one of the most sought after cities on the entire Peninsula, Millbrae, California.  Situation on an 11,938 square foot lot "The Continental Apartments" give way to twelve (12) spacious apartments with 11,968 square feet of livable space. The Continental Apartments have a unit mix consisting of two (2) two-bedroom/one-bath units and ten (10) one-bedroom/one-bath units both with large spacious interiors of +/-947 sqft, and +/-710 sqft, respectively. The property consists of two separate identical buildings separated by a courtyard, and each unit has either a large private outdoor deck, or fenced-in outdoor patio. Each building has six (6) tuck-under assigned carport parking spots with large tenant storage closets, and two laundry facilities with one (1) washer and one (1) dryer each. Millbrae is known for its excellent school district, nice weather and Central Peninsula location. Ideally located near Safeway, Trader Joes, Broadways Restaurant Row and the San Francisco International Airport.

  • Property Details
      • Acres0.2741
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1960
  • Utilities / Energy Details
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Mateo
      • School DistrictOther
      • Elementary SchoolOther
      • Middle SchoolOther
      • High SchoolMills
  • Financial Details
      • Original List Price$5,680,000
      • Taxes Annual$57,275
  • Other
      • MLS #ML81969408

Location

Gary ElminoufiReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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