1007 Hemlock AVE, Millbrae, CA 94030
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.
Features
| Additional Rooms | Laundry Room, Storage |
| Amenities Misc. | None |
| Cooling | None |
| Energy Features | Ceiling Insulation, Double Pane Windows, Low Flow Shower, Low Flow Toilet |
| Flooring | Laminate, Vinyl / Linoleum |
| Foundation | Concrete Slab |
| Garage Parking Features | Common Parking Area, Covered Parking |
| Heating | Electric |
| HOA Amenities | Common Utility Room |
| Kitchen | Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Oven Range, Refrigerator |
| Laundry | Coin Operated, Washer / Dryer |
| Lot Description | Grade - Level, Paved |
| Roof | Other |
| Sewer Septic | Sewer - Public |
| Subclass | 701 |
| Water | Public |
| Yard/Grounds | Balcony / Patio |
Community Info
Local Schools | |
Local Utilities | Recreation |
Restaurants | Home and Garden |
Schools
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All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be,verified by broker or MLS.
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Updated on 5/17/2024
Property Information
- MLS:
- ML81916748
- Type:
- 701
- Year Built:
- 1985
- Listed:
- 1/19/2023
- Sold Date:
- 4/5/2023
- Interior:
- 9,350
- Lot Size:
- 11,031
- Schools:
- GS Dist: Millbrae Elementary District
HS Dist: San Mateo Union High District
SP: $4,800,000 LP: $5,198,000 Millbrae,94030 | |
 | SP: $825,000 LP: $800,000 Santa Cruz,95065 |
SP: $275,000 LP: $274,900 King City,93930 |
All information furnished regarding property for sale, rental, comparables or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice.