1007 Hemlock AVE, Millbrae, CA 94030
1007 Hemlock AVE, Millbrae, CA 94030
1007 Hemlock AVE, Millbrae, CA 94030
1007 Hemlock AVE, Millbrae, CA 94030
1007 Hemlock AVE, Millbrae, CA 94030
1007 Hemlock AVE, Millbrae, CA 94030
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$ 5,478,000
Est. payment | /mo

9,350 SqFt


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$ 5,478,000
Est. payment | /mo
Save

9,350 SqFt

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 9,350 sqft

Price per Sqft $585

MLS Listing ID ML81916660

HOA Y/N No

Year Built 1985

Annual Tax Amount $63,545

Lot Size 0.253 Acres

Property Sub-Type Mixed Use

Property 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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R30000

Interior

Heating Electric

Cooling None

Flooring Laminate

Fireplace No

Appliance Dishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan

Exterior

Parking Features Covered

Carport Spaces 11

Roof Type Composition,Shingle

Accessibility None

Total Parking Spaces 6

Building

Lot Description Level, Paved

Story 3

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 021311280

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Gregory Cohn Coldwell Banker Realty #00871792

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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