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Cheri Cerna
FOR SALE
$6,485,000

970 Magnolia Avenue
Millbrae, CA 94030

Multi-Family
Residence
2
Beds
1
Baths
11,816
Sq. Ft.
0.3535
Acre Lot
1of
Photos
Map
Courtesy: Gregory Terry - Compass
Agent Websites> California> Millbrae> 94030
Prominently displayed amid Millbraes most coveted row of multi-family residential buildings, 970 Magnolia Avenue boasts unparalleled access to the shops and restaurants of downtown Millbrae, as well as transportation and highly ranked schools. Behind the buildings stately facade are Twelve sizable and well appointed residential units, many of which have benefitted from recent upgrading... A fantastic opportunity to add a pride of ownership property to your portfolio! Here are some attractive elements of this offering: 12 Units (All are 2-BR, 1-BA), 6 Garage Parking Spaces, Ample Additional On-Street Parking, 11,816 SqFt Building (per Tax Records), 15,400 SqFt Parcel (per Tax Records), Built in 1950, Gross Rental Income: $348,637.44, 100% Occupied: Seven tenants are currently month-to-month with Five tenants on existing leases.
ML81894848
Multi-Family, Other
2
San Mateo
1 Full
1950
0.3535 Acres
Water: Public
Sewer: Sewer - Public,Sewer Connected
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

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Bike Score

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Courtesy: Gregory Terry - Compass
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