1007 Hemlock Avenue
Millbrae, CA 94030
9350 sqft | 0.25 acres | #ML81916660
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.
Property Details
- Lot DescriptionLevel, Paved
- Stories3
Measurements
- Acres0.2532
- Square Feet9350
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1985
Material information
- FoundationSlab
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountySan Mateo
- School DistrictOther
Financial Details
- Original List Price$5,478,000
- Taxes Annual$63,545
Other
- MLS #ML81916660
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Gregory Cohn (#ML5084552)
Listing Office: Coldwell Banker Realty (#ML39593)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.