1007 Hemlock AVE Active

Millbrae,CA 94030

$ 5478000

- Bed

0 Bath

9350 SqFt


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

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

Exterior

Garage Covered

Roof Type Composition,Shingle

Building

Lot Description Level,Paved

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Special Listing Condition Standard

View More
Favorite Go Tour