For sale
    • Price cut: $381K (7/12)
    $4,488,000

     Millbrae, CA 94030

    --beds
    --baths
    11,968sqft
    : 
    Five Or More Units,
    Built in 1960
    -- sqft lot
    $4,336,300 Zestimate®
    $375/sqft
    $-- HOA

    What's special

    New exterior paintFenced outdoor areasStorage closetNew low maintenance landscapingShared laundry rooms
    Prime Investment Opportunity in the Heart of Millbrae! Welcome to The Continental Apartments, a well-maintained 12-unit complex located minutes from vibrant downtown Millbrae. Situated in one of the most desirable cities on the Peninsula, this property offers convenience, strong tenant demand, and long-term upside. Millbrae is known for its top-rated schools, and easy access to SFO, BART, and Caltrain. The downtown features events such as a farmers market, art & wine fest, and an array of shops, restaurants, and services. Trader Joes, Safeway, and the Broadway shopping corridor is close by. The property consists of 2 buildings, each with 4 upper and 2 ground-floor units arranged around a central courtyard. Unit mix: (2) 2-bed / 1-bath units (10) 1-bed / 1-bath units Most apartments include private balconies/patios, or fenced outdoor areas. Each unit has a storage closet. There are 2 shared laundry rooms (each with a washer and dryer). Assigned carport parking is located beneath the buildings. Recent Upgrades: new roof (2024), new exterior paint and new low maintenance landscaping. This is a rare chance to own a turnkey asset in a high-demand rental market with strong fundamentals and room for value-add potential. Ideal for investors seeking stable income and future growth.
    112 days
    on Zillow
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    233
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