1391 Broadway
1391 Broadway
$3,000,000
—
6,746
6,746
$445
Sold 8/19/22
Description
Ideally situated near downtown Millbrae, SFO and highly rated schools, this 7 unit building offers a desirable mix of Six 1-BR units and One 2-BR unit, many of which have been recently remodeled. Built in 1959 and meticulously maintained since, 1391 Broadway is a true pride of ownership property with favorable rents and additional upside potential. Here are some features of this opportunity: 7 Units (Six 1-BR; 1-BA & One 2-BR; 1-BA), 7 Parking Stalls: 5 Garage Spaces; 2 Additional Covered Spaces,...Ideally situated near downtown Millbrae, SFO and highly rated schools, this 7 unit building offers a desirable mix of Six 1-BR units and One 2-BR unit, many of which have been recently remodeled. Built in 1959 and meticulously maintained since, 1391 Broadway is a true pride of ownership property with favorable rents and additional upside potential. Here are some features of this opportunity: 7 Units (Six 1-BR; 1-BA & One 2-BR; 1-BA), 7 Parking Stalls: 5 Garage Spaces; 2 Additional Covered Spaces, 6,746 SqFt Building (per Tax Records), 7,062 SqFt Parcel (per Tax Records), Built in 1959, Gross Rental Income: $163,128.00, 100% Occupied: Five tenants are currently month-to-month with two tenants on existing leases. Sellers are also selling 970 Magnolia Avenue in Millbrae - MLS #: ML81894848 (12x 2BR/1BA units) for $6,898,000.
Listing Agents
Property Details for 1391 Broadway
MLS City Name
MILLBRAE
Building TypeOther
Garage Spaces7
Parking Spaces0
Cross StreetParamount Drive
Location
LISTING UPDATED: 08/19/2022 10:27 AM
Property Details for 1391 Broadway
Status | Sold |
---|---|
MLS # | ML81894847 |
Days on Compass | 15 |
Taxes | $4,058 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1959 |
Lot Size | 0.16 AC / 7,062 SF |
County | San Mateo County |
Location
Building Information for 1391 Broadway
Stories-Residences-Year Built1959Building Size-Lot Size0.16 AC / 7,062 SF
Payment Calculator
$16,710 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1391 Broadway
Property History for 1391 Broadway
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 1391 Broadway
Taxable ValueLand$1,800,000Additions$1,200,000Total$3,000,000
Tax Record2023$42,121 ($3,510 / month)
Home Facts
Baths7Total Finished SqFt6,746 SqFtAbove Grade Finished SqFt6,746 SqFtStories2Lot Size7,062 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountySAN MATEOAPN021-276-290
Schools near 1391 Broadway
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 |
---|---|---|
Green Hills 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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