1007 Hemlock AVE

MILLBRAE, CA, 94030

$5,478,000

$585 per ft²
$5,478,000
$585 per ft²
Active
Active
 - For Sale
carpenters-square
9,350 ft²
property_type
Commercial
calendar
Built 1985
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, unit heaters, 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 an ±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.
MLS® ID:
ML81916748
Updated:
2/6/23

Interior Features

Kitchen Features
Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range, Refrigerator
Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated, Washer / Dryer
Floor Description
Laminate, Vinyl / Linoleum
Cooling
None
Heating
Electric

Exterior/Building Features

Lot Size
0.25 acres lot
Lot Details
Grade - Level, Paved
Roof
Other
Sewer
Sewer - Public

Other Property Details

Area Name
487
Association Amenities
Common Utility Room
Garage
Yes
Parking
Common Parking Area, Covered Parking
Parking Total
6.0
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters, Public Utilities
Water Source
Public
Pool
Yes
Zoning
R30000

Courtesy of Coldwell Banker Realty, Gregory Cohn,
Listing Contact: 650-685-7707 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sandy Comaroto shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 9:41 PM UTC, 2/6/23

 

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