498 Lincoln Circle
498 Lincoln Circle
$4,690,000
—
10,010
10,010
$469
Sold 12/21/21
Description
Prime 9 Unit Residential Apartment Building in Downtown Millbrae, CA. Features larger than average 2 and 3 bedroom units, providing a desirable unit mix for today's work from home (WFH) environment. Property has a stable tenant base with low turnover and a track record of consistent rental revenue and income. Most units are presently rented at below the market average rent providing upside potential. Property is rated as Very Walkable (Walk Score 72/100). Nearby are Trader Joes, Walgreens, Safeway,...Prime 9 Unit Residential Apartment Building in Downtown Millbrae, CA. Features larger than average 2 and 3 bedroom units, providing a desirable unit mix for today's work from home (WFH) environment. Property has a stable tenant base with low turnover and a track record of consistent rental revenue and income. Most units are presently rented at below the market average rent providing upside potential. Property is rated as Very Walkable (Walk Score 72/100). Nearby are Trader Joes, Walgreens, Safeway, Starbucks, Gyms, restaurants, small shops, cafes, Millbrae Library, and Central Park with Community Gardens, Tennis Courts, sports fields, Rec Center, & Playgrounds. Centrally located on the Peninsula with access to 101, 280, 380, & Millbrae BART and CalTrain Stations, providing transit to San Francisco, Silicon Valley, Stanford, San Jose, & major employers including San Francisco Airport (SFO), Oracle, Electronic Arts, Genentech, GiLead Sciences, Visa, Youtube, Facebook.
- Listed by Maggie Li • DRE #01947004 • Brokerage DRE #01354442 • Intero Real Estate Services • 650-533-7351
- Listed by John St. Georges • DRE #02122696 • Brokerage DRE #01354442 • Intero Real Estate Services
Property Details for 498 Lincoln Circle
MLS City Name
MILLBRAE
Building TypeOther
Garage Spaces0
Parking Spaces0
Cross StreetRichmond Dr.
Location
LISTING UPDATED: 12/21/2021 04:59 PM
Property Details for 498 Lincoln Circle
Status | Sold |
---|---|
MLS # | ML81832501 |
Days on Compass | 1 |
Taxes | $10,367 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1969 |
Lot Size | 0.21 AC / 9,000 SF |
County | San Mateo County |
Location
Building Information for 498 Lincoln Circle
Stories-Residences-Year Built1969Building Size-Lot Size0.21 AC / 9,000 SF
Payment Calculator
$26,459 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 498 Lincoln Circle
Property History for 498 Lincoln Circle
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 498 Lincoln Circle
Taxable ValueLand$2,524,500Additions$2,259,300Total$4,783,800
Tax Record2023$67,593 ($5,633 / month)
Home Facts
Baths1Total Finished SqFt10,010 SqFtAbove Grade Finished SqFt10,010 SqFtStories2Lot Size9,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1969CountySAN MATEOAPN021-434-100
Schools near 498 Lincoln Circle
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 |
---|---|---|
Meadows 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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