Ideally situated near downtown Millbrae, SFO and highly rated schools, this 7 unit building offers a desirable mix of Six 1-BR units and One 2-BR unit, many of which have been recently remodeled. Built in 1959 and meticulously maintained since, 1391 Broadway is a true pride of ownership property with favorable rents and additional upside potential. Here are some features of this opportunity: 7 Units (Six 1-BR; 1-BA & One 2-BR; 1-BA), 7 Parking Stalls: 5 Garage Spaces; 2 Additional Covered Spaces, 6,746 SqFt Building (per Tax Records), 7,062 SqFt Parcel (per Tax Records), Built in 1959, Gross Rental Income: $163,128.00, 100% Occupied: Five tenants are currently month-to-month with two tenants on existing leases. Sellers are also selling 970 Magnolia Avenue in Millbrae - MLS #: ML81894848 (12x 2BR/1BA units) for $6,898,000.
Sold for $3,000,000 on 08/19/22
$3,000,000
Broadway, Millbrae, CA 94030
--beds
--baths
6,746sqft
Five Or More Units,
Built in 1959
-- sqft lot
$3,700,900 Zestimate®
$445/sqft
$4,089 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 24, 2025 at 06:15am
Listed by:
Gregory Terry 00957651 650-678-1110,
Compass,
Jeff Harber 01779765 650-740-2418
Bought with:
Tom Fanucchi, 00657467
Compass
Source: MLSListings Inc,MLS#: ML81894847

Facts & features
Interior
Heating
- Gas, Wall Furnace
Cooling
- None
Features
- Flooring: Carpet, Hardwood, Tile, Vinyl Linoleum
- Doors: None
Interior area
- Total structure area: 6,746
- Total interior livable area: 6,746 sqft
Property
Parking
- Total spaces: 7
- Parking features: Assigned, Attached, Carport
- Garage spaces: 7
- Has carport: Yes
Accessibility
- Accessibility features: None
Lot
- Size: 7,056 sqft
Details
- Parcel number: 021276290
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Five Or More Units,
Materials
- Foundation: Concrete Perimeter and Slab
- Roof: TarGravel
Condition
- Year built: 1959
Utilities & green energy
- Gas: IndividualGasMeters, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & neighborhood
Location
- Region: Millbrae
Other
Other facts
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan, Exchange
Services availability
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Estimated market value
$3,700,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,700,900