Millbrae CA Multi Family for Sale
$5,180,000
1365 Broadway Millbrae, CA 94030
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- ML81969408
View additional info
Courtesy: Compass
ADDITIONAL INFORMATION
Price Reduction of $500,000! - Nate Gustavson & Cameron Foster of Compass Commercial are pleased to announce the exclusive listing of a 12-unit apartment complex located in one of the most sought after cities on the entire Peninsula, Millbrae, California. Situation on an 11,938 square foot lot "The Continental Apartments" give way to twelve (12) spacious apartments with 11,968 square feet of livable space. The Continental Apartments have a unit mix consisting of two (2) two-bedroom/one-bath units and ten (10) one-bedroom/one-bath units both with large spacious interiors of +/-947 sqft, and +/-710 sqft, respectively. The property consists of two separate identical buildings separated by a courtyard, and each unit has either a large private outdoor deck, or fenced-in outdoor patio. Each building has six (6) tuck-under assigned carport parking spots with large tenant storage closets, and two laundry facilities with one (1) washer and one (1) dryer each. Millbrae is known for its excellent school district, nice weather and Central Peninsula location. Ideally located near Safeway, Trader Joes, Broadways Restaurant Row and the San Francisco International Airport.
Millbrae Real Estate
The median home value in Millbrae, CA is $1,706,250. This is higher than the county median home value of $1,488,500. The national median home value is $338,100. The average price of homes sold in Millbrae, CA is $1,706,250. Approximately 59.65% of Millbrae homes are owned, compared to 35% rented, while 5.35% are vacant. Millbrae real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Millbrae real estate agent to arrange a tour today!
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.
Millbrae Weather
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.