970 Magnolia AVE
Millbrae, CA 94030
- – beds
- – baths
- 11,816 sqft
- 15,400 sqft lot
- $512 per sqft
- 1950 build
- – on site
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Prominently displayed amid Millbrae's 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 (12) sizable and well appointed residential units, some 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 ParkingSpaces,Ample Additional On-Street Parking, 11,816 SqFt Building (per Tax Records), 15,400 SqFt Parcel (per TaxRecords), Built in 1950, Gross Rental Income: $371,733.48, 100% Occupied: Ten (10) tenants are currently month-to-month with two (2) tenants on existing leases.
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Last updated Apr 18, 2025
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MLS# 81928788 —
The Building
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Year Built:1950
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Age:73
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Subclass:Multiple Dwellings / Structures
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Roofing:Composition, Shingle
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Foundation:Concrete Perimeter
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# of Stories:3
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Structure SqFt:11816
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Structure SqFt Source:Assessor
Interior
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Flooring:Carpet, Concrete, Hardwood, Laminate, Vinyl / Linoleum
Room Dimensions
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Living SqFt:11816
Location
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Cross Street:Meadow Glen Avenue
The Property
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Lot Acres:0.3535
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Lot Size Area Min:15400.00
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Parcel Number:021-362-120R
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Zoning:R3
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Horse Property:No
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Yard/Grounds:Courtyard
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Property ID:81928788
The Listing
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Additional Listing Info:Not Applicable
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Automated Valuations Allowed:1
Heating & Cooling
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Cooling Methods:None
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Heating Methods:Gas, Wall Furnace
Utilities
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Utilities:Individual Electric Meters, Individual Gas Meters, Public Utilities
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Sewer/Septic System:Sewer - Public, Sewer Connected
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Water Source:Public
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Meters:Master Water, Separate Common Area, Separate Electric, Separate Gas
The Community
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Pool:No
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HOA:No
Parking
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Description and Access:Assigned Spaces, Attached Garage, On Street
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Garage Spaces:6
Extra Units
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# of Buildings:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/20/23
Jul 20, 2023
|
BRIDGE | $6,485,000 | ||
|
7/20/23
Jul 20, 2023
|
Sold Subject To Contingencies | MLSLISTINGS | $6,485,000 | |
|
5/18/23
May 18, 2023
|
Listed / Active | MLSLISTINGS | $6,485,000 |
