**Seller will start reviewing offers on Monday 3/3/2025 starting at 12 noon** In an ideal Bay Area commuter location in close proximity to BART stations, SFO, ECR, U.S. 101 and CA-92 for direct access to East Bay and the Pacific Coast, this mid-century, 3BD, 1BA home (+/-1300sf) with private studio unit (+/- 540sf) presents a myriad of options. Both unis vacant. Zoned RFMU (Residential Focused Mixed Use), the main house boasts a large living room with fireplace, recently upgraded kitchen with modern finishes and new stainless steel appliances, refinished hardwood floors, new laminate flooring, recessed lighting and glass doors to the backyard patio. Above the two-car garage, the studio features a striking open-beam ceiling above the entire living space. With living and slumber areas, an upgraded full kitchen with new appliances, a reglazed tile bathroom with tub-shower combo, new laminate flooring and an exclusive deck, this unit is quaint and charming. Freshly painted inside and out, separate PG&E meters and front and back yards prepped for personalized landscaping, the property is move-in ready. Buyer to verify sq footage.
Courtesy: Compass
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.
Millbrae is located in California. Millbrae, California has a population of 23,083. Millbrae is less family-centric than the surrounding county with 35.61% of the households containing married families with children. The county average for households married with children is 35.93%.
The median household income in Millbrae, California is $141,399. The median household income for the surrounding county is $136,837 compared to the national median of $69,021. The median age of people living in Millbrae is 44.9 years.
The average high temperature in July is 69.8 degrees, with an average low temperature in January of 45.8 degrees. The average rainfall is approximately 25.3 inches per year, with 0 inches of snow per year.
