1007 Hemlock Avenue
1007 Hemlock Avenue
$4,800,000
—
9,350
9,350
$513
Sold 4/5/23
Description
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...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.
- Listed by Gregory Cohn • DRE #00871792 • Brokerage DRE #01908304 • Coldwell Banker Realty • 650-685-7707
Property Details for 1007 Hemlock Avenue
MLS City Name
MILLBRAE
Building TypeOther
Garage Spaces0
Parking Spaces6
Cross StreetMateo Avenue
Location
LISTING UPDATED: 04/07/2023 09:44 AM
Property Details for 1007 Hemlock Avenue
Status | Sold |
---|---|
MLS # | ML81916748 |
Days on Compass | 1 |
Taxes | $63,545 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1985 |
Lot Size | 0.25 AC / 11,031 SF |
County | San Mateo County |
Location
Building Information for 1007 Hemlock Avenue
Stories-Residences-Year Built1985Building Size-Lot Size0.25 AC / 11,031 SF
Payment Calculator
$31,491 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1007 Hemlock Avenue
Property History for 1007 Hemlock Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1007 Hemlock Avenue
Taxable ValueLand$827,903Additions$1,517,843Total$2,345,746
Tax Record2023$38,155 ($3,180 / month)
Home Facts
Lot Size11,332 SqFtStyleMulti-Family Res (5+ Units)ZoningR30000CountySAN MATEOAPN021-311-280
Schools near 1007 Hemlock Avenue
This home is within San Mateo Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Lomita Park Elementary School PublicK to 5 | ||
Taylor Middle School Public6 to 8 | ||
Mills High School Public9 to 12 | ||
Design Tech High Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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