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.

MLSLISTINGS logo Listing courtesy of MLSLISTINGS / Gregory Terry / Compass

Last checked: Checking… • Last updated Apr 8, 2024 •

MLS# 81928788 —

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Sale history

Date Event Source Price % Change
7/20/23
BRIDGE $6,485,000
7/20/23
Sold Subject To Contingencies MLSLISTINGS $6,485,000
5/18/23
Listed / Active MLSLISTINGS $6,485,000

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Multifamily Sold on 8/25/2023

$6,055,000

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Listing provided by broker:

Gregory Terry

Compass

650-678-1110

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MLSLISTINGS logo Listing courtesy of Compass

MLSLISTINGS logo Listing Courtesy of: MLSLISTINGS, data current as of 14:03 on Apr 23.

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