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.
Property Details
Price:
$5,478,000
MLS #:
ML81916660
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Mixed Use
Neighborhood:
699
Listed Date:
Jan 19, 2023
Finished Sq Ft:
9,350
Total Sq Ft:
9,350
Lot Size:
11,031 sqft / 0.25 acres (approx)
Year Built:
1985
See this Listing
Schools
School District:
Other
Interior
Appliances
DW, GD, EO, HOD, VEF
Cooling
NO
Flooring
LAM
Heating
ELC
Exterior
Parking Spots
6
Roof
CMP, SHN
Financial
Maintenance Fee
$16,500
Taxes
$63,545
Map
Community
- AddressHemlock AV Millbrae CA
- CityMillbrae
- CountySan Mateo
- Zip Code94030
Market Summary
Current real estate data for Single Family in Millbrae as of Oct 30, 2025
17
Single Family Listed
1,240
Avg DOM
926
Avg $ / SqFt
$1,957,659
Avg List Price
Property Summary
- Hemlock AV Millbrae CA is a Single Family for sale in Millbrae, CA, 94030. It is listed for $5,478,000 and features 0 beds, 0 baths, and has approximately 9,350 square feet of living space, and was originally constructed in 1985. The current price per square foot is $586. The average price per square foot for Single Family listings in Millbrae is $926. The average listing price for Single Family in Millbrae is $1,957,659.
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