1007 Hemlock Ave, Millbrae, CA, 94030

1007 Hemlock Ave, Millbrae, CA, 94030 < >
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for sale
$5,478,000
Lot Size:0.25 Acres
Year Built:1985
Status:Active
MLS #:ML81916660
Date Updated:
For information contact:
Sue Liu
(408) 966-6931
01053786
Get More Information
Go See This Property
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.
Interior Details
Flooring: LaminateStories Total: 3

Exterior Details
Accessibility Features: NoneCarport Spaces: 11.00
Garage Spaces: 0.00Lot Features: Level, Paved
Lot Size Acres: 0.2532Number Of Buildings: 1
Parking Features: CoveredParking Total: 6.00
Roof: Composition, Shingle

Community Information
County Or Parish: San MateoDirections: El Camino Real, East on Mateo Avenue and left on Hemlock Avenue Cross Street: Mateo Avenue
MLS Area Major: 699 - Not DefinedParcel Number: 021311280
Zoning: R30000

Property Information From MLS Data
Year Built: 1985

Utilities
Cooling: NoneHeating: Electric
Water Source: Public

Listing Information Courtesy of:
List Agent First Name: Gregory
List Agen tLast Name: Cohn
List Office Name: Coldwell Banker Realty

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Monthly Payment for 1007 Hemlock Ave
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$5,478,000
Down Payment:
Loan Amount:$4,382,400
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Gregory Cohn, Coldwell Banker Realty

Information obtained from CACRMLS is current as of 5/2/2024 9:36 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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