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1007 Hemlock Avenue

Millbrae, CA 94030

– beds
– baths
– sqft
11,031 sqft lot
1985 build
– on site

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.

Listed By CRMLS_CA / Gregory Cohn / Coldwell Banker Realty

Last checked: Checking… • Last updated Jun 25, 2024 •

MLS# ML81916660 —

The Building

Year Built:

1985
Year Built Source:

Other
Roof:

Composition, Shingle
Foundation:

Slab
Accessibility Features:

None
Building Area Total:

9350.00
# of Buildings:

1
Stories Total:

3

Interior

Flooring:

Laminate
Room Type:

Laundry

Location

Directions:

El Camino Real, East on Mateo Avenue and left on Hemlock Avenue Cross Street: Mateo Avenue
Latitude:

37.60589126
Longitude:

-122.39382099

The Property

Property Type:

Residential Income
Subtype:

Mixed Use
Zoning:

R30000
Lot Features:

Level, Paved
Lot Size Area:

11031.0000
Lot Size Acres:

0.2532
Lot Size SqFt:

11031.00
Lot Size Source:

Assessor

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

63545.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

021311280

Heating & Cooling

Heating:

1
Heating:

Electric
Cooling:

No
Cooling:

None

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Dishwasher, Vented Exhaust Fan, Disposal, Range Hood, Electric Oven
Included:

Yes

The Community

Association:

No

Parking

Parking:

Yes
Parking:

Covered
Parking Spaces:

6.00
Carport Spaces:

11.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

View a full report

Sale history

Date	Event	Source	Price	% Change
1/19/23 Jan 19, 2023	Listed / Active	CRMLS_CA	$5,478,000

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This multifamily located in Downtown Millbrae, Millbrae, CA 94030 is currently for sale for $5,478,000. 1007 Hemlock Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 656 days. 1007 Hemlock Avenue is in the Downtown Millbrae neighborhood of Millbrae and has a WalkScore® of 87, making it very walkable. This multifamily is in the attendance area of Taylor Middle School, Mills High School, and Lomita Park Elementary School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 15:45 on Nov 05.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.