CA > Millbrae
Millbrae, CA 94030,1007 Hemlock AVE
Millbrae, CA 94030,1007 Hemlock AVE
Millbrae, CA 94030,1007 Hemlock AVE
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Terrance Scotton, Broker Associate

Terrance Scotton, Broker Associate

+1(626) 788-9299
$5,478,000
Est. payment /mo
9,350 SqFt
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UPDATED:

09/30/2024 06:47 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,350 sqft

Price per Sqft $585

MLS Listing ID ML81916660

HOA Y/N No

Year Built 1985

Annual Tax Amount $63,545

Lot Size 0.253 Acres

Property Description

This completely renovated 11-unit apartment building offers the seasoned investor an opportunity to create the perfect tenancy in a low-maintenance newly renovated property. The building is offered vacant & ready for occupancy. Due to a 2020 electrical fire, the building was completely renovated, and most exterior & interior building components have been replaced including a new roof, stucco exterior, sheetrock, sprinklers, windows & doors, electrical systems, hot water heater & plumbing throughout. Lower walkways have fresh cement, upper walkways were refinished and sealed with waterproof coatings. The driveway has a fresh slurry seal, and the parking area has been re-striped. The apartments are all 2-Bedroom, 1 Bath units, ±850sf each and situated on a ±11,031sf, parcel zoned R-3. The building offers 11 carports + 6 guest parking spaces, an on-site laundry room & 12 storage closets. MLS income/expenses are estimated based on Nov 2022 appraisal.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R30000

Interior

Heating Electric

Cooling None

Flooring Laminate

Fireplace No

Appliance Dishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan

Exterior

Garage Covered

Carport Spaces 11

Roof Type Composition,Shingle

Accessibility None

Total Parking Spaces 6

Building

Lot Description Level, Paved

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 021311280

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Gregory Cohn • Coldwell Banker Realty

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Terrance Scotton, Broker Associate

+1(626) 788-9299

Broker Associate | License ID: 01707848 NMLS: 908256

Broker Associate License ID: 01707848 NMLS: 908256

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