317 El Camino Real

Millbrae, CA 94030

$1,828,000
Price
Beds
2,800 Sq. Ft.
$653 / Sq. Ft.
2,800
Sq. Ft.
$653
per Sq. Ft.

Description

First time ever on market. The lot was purchased by the original developer in 1918 and has remained in the family for multiple generations. This is a true pride of ownership mixed-use property that features 2,800 square feet of space. This includes a 1,400 square foot 2-bed/1.5-bath suite above, and 1,400 square foot retail suite below that is currently occupied by SESE Group. The property has undergone extensive capital improvements including new windows, sewer and drainage systems, water heaters,...First time ever on market. The lot was purchased by the original developer in 1918 and has remained in the family for multiple generations. This is a true pride of ownership mixed-use property that features 2,800 square feet of space. This includes a 1,400 square foot 2-bed/1.5-bath suite above, and 1,400 square foot retail suite below that is currently occupied by SESE Group. The property has undergone extensive capital improvements including new windows, sewer and drainage systems, water heaters, stairwell, deck, and refinished exterior stucco. 317 - 317 1/2 El Camino Real presents a rare owner-user opportunity with a world class location in the heart of Downtown Millbrae.
  1. Listed by Eymon Binesh • DRE #02060059 • Brokerage DRE #01240999 • Marcus & Millichap • 650-546-1030

Property Details for 317 El Camino Real

MLS City Name
MILLBRAE
Building Type
Other
Garage Spaces
0
Parking Spaces
1

Location

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059
Add your commute
LISTING UPDATED: 05/03/2024 03:02 PM

Property Details for 317 El Camino Real

StatusPending ( Do Not Show )
MLS #ML81962418
Days on Compass11
Taxes$23,430 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1936
Lot Size0.07 AC / 2,846 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059
Add your commute

Building Information for 317 El Camino Real

Stories-Residences-Year Built1936Building Size-Lot Size0.07 AC / 2,846 SF

Payment Calculator

$11,929 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,976

Property Taxes

$1,953

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 317 El Camino Real

Features
Features
  • Fireplace: No
  • Living SqFt: 2800
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Gas
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Other
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 1
Garage
  • Garage and Parking: Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 2
  • Area Text: Highlands Millbrae
  • Restrictions: None
  • Roof: Flat / Low Pitch
  • Subclass: Five or More Units
  • Year Built Source: Other
  • Street Number: 317
  • Street Name: El Camino Real
  • Area ID: 481
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2800
  • Structure SqFt Source: Other
  • Age: 88
Development Information
  • Zoning Detail: CL00C1
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 024-151-080
  • County Name: San Mateo
  • City Name: MILLBRAE
  • City Postal ID: 34
  • Postal Code: 94030
  • Elementary School District: 932
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Raised
  • Horse Property: No
  • Lot Acres: .07
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $23,430
  • Building Unit Total: 2
  • Capitalization Rate: 3.24
  • Tenant Expenses: All Expenses
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $5,144
  • Expense Landscape: $0
  • Expense Maintenance: $1,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $900
  • Expenses Utility: $0
  • Expenses Total: $30,474
  • Operating Expenses Include: Fee - Property Tax, Insurance, Vacancy Factor
  • Gross Rent Multiplier: 19.78
  • Income Annual Gross: $89,628
  • Income Annual Rental: $92,400
  • Income Gross Scheduled: $92,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 1400
Unit Type 1
  • Unit Type1 Approx SqFt: 1400

Property History for 317 El Camino Real

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 317 El Camino Real

Taxable ValueLand$159,011Additions$71,787Total$230,798
Tax Record2023$5,770 ($481 / month)
Home Facts
Lot Size2,854 SqFtStyleStoresZoningCL00C1CountySAN MATEOAPN024-151-080

Schools near 317 El Camino Real

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
Spring Valley 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.