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1007 Hemlock Avenue, Millbrae, CA 94030
Priced at Only: $5,478,000
For more Information Call
Mobile: 714.478.6676
Address: 1007 Hemlock Avenue, Millbrae, CA 94030
Property Photos
Property Location and Similar Properties
- MLS#: ML81916660 ( Mixed Use )
- Street Address: 1007 Hemlock Avenue
- Viewed: 1
- Price: $5,478,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1985
- Bldg sqft: 0
- Days On Market: 709
- Additional Information
- County: SAN MATEO
- City: Millbrae
- Zipcode: 94030
- Provided by: Coldwell Banker Realty
- Contact: Gregory Gregory
- DMCA Notice
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DescriptionThis 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.
Features
Accessibility Features
- None
Appliances
- Dishwasher
- Vented Exhaust Fan
- Disposal
- Range Hood
- Electric Oven
Building Area Total
- 9350.00
Carport Spaces
- 11.00
Cooling
- None
Flooring
- Laminate
Foundation Details
- Slab
Garage Spaces
- 0.00
Heating
- Electric
Insurance Expense
- 5000.00
Lot Features
- Level
- Paved
Otherexpense
- 7560.00
Otherincome1
- 2400.00
Parcel Number
- 021311280
Parking Features
- Covered
Property Type
- Mixed Use
Roof
- Composition
- Shingle
Sewer
- Public Sewer
Sourcesystemkey
- 81916660:MLSL
Totalexpenses
- 136054.00
Trash Expense
- 4800.00
Water Source
- Public
Year Built
- 1985
Year Built Source
- Other
Zoning
- R30000
- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com