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.
| MLS # | ML81916660 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1985 |
| Days On Site | 1323 |
| Listing Provided By | Coldwell Banker Realty | Gregory Cohn |
| SQ Feet | 9,350 |
|---|---|
| Car Port | Yes |
| Story(s) | 3 |
| Building(s) | 1 |
| Zoning | R30000 |
| Acreage | 0.25 |
| Cooling | None |
|---|---|
| Heating | Electric |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Dishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan |
| Roof | Composition, Shingle |
|---|---|
| Foundation Details | Slab |
| Lot Features | Level, Paved |
| Parking Features | Covered |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Property | 63545 |
|---|
| State | CA |
|---|---|
| County | San Mateo |
| City | Millbrae |
| Zip Code | 94030 |
| Area | 699 Not Defined |
| State | CA |
|---|---|
| County | San Mateo |
| City | Millbrae |
| Zip Code | 94030 |
| Area | 699 Not Defined |