$5,478,000
 $36,445 est/mo Sourced by Back At You

1007 Hemlock Avenue,Millbrae, CA 94030

Millbrae, CA 94030

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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.

Details

MLSML81916660
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1985
Days On Site1394
Listing Provided ByColdwell Banker Realty | Gregory Cohn

Features

SQ Feet9,350
Car PortYes
Story(s)3
Building(s)1
ZoningR30000
Acreage0.25

Interior

CoolingNone
HeatingElectric
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesDishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan

Exterior

RoofComposition, Shingle
Foundation DetailsSlab
Lot FeaturesLevel, Paved

Parking

Parking FeaturesCovered
Garage Yes / NoNo

Utilities

SewerPublic Sewer

Taxes

Property63545

Area Information

StateCA
CountySan Mateo
CityMillbrae
Zip Code94030
Area699 Not Defined
Listing VS Median (in 94030)
Price:
$5,478,000
low | high
Med:
$2,249,000
100% of Average
sqft:
9,350
low | high
Med:
1,705
100% of Average
$ / sqft:
$586
low | high
Med:
$1,327
76.553437510774% of Average
On site:
1394
low | high
Med:
18.5
100% of Average
Sourced by Back At You

Market Activity 94030

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Learn More About This Property

Coldwell Banker Sky Ridge Realty

Coldwell Banker Sky Ridge Realty

 (909) 336-2131customerservice@cbskyridge.com
StateCA
CountySan Mateo
CityMillbrae
Zip Code94030
Area699 Not Defined
Listing VS Median (in 94030)
Price:
$5,478,000
low | high
Med:
$2,249,000
100% of Average
sqft:
9,350
low | high
Med:
1,705
100% of Average
$ / sqft:
$586
low | high
Med:
$1,327
76.553437510774% of Average
On site:
1394
low | high
Med:
18.5
100% of Average
Sourced by Back At You
Listing Updated: November 12, 2026 at 10:41:41 AM PST
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