Price Reduction
Address
840 El Camino Real Millbrae, CA
Price
$ 2,498,000
Property Attributes
  • MLS#ML81862501
  • TypeMulti-Family
  • CountySAN MATEO
  • CityMillbrae
  • AreaMarino Vista Park
  • Zip94030
  • Style
  • Price$ 2,498,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4410
  • Lot Size5,249 SqFt
Listing Provided Courtesy Of:
Mitchell Zurich with Marcus & Millichap.
Data Source:
MLSListings - 40 - CA
Property Description

$150K Price Reduction - MARKETING PACKAGE AND DD FILE AVAILABLE UPON REQUEST. 840 El Camino Real is an exceptionally well-located apartment building located in Millbrae, California. The asset was built in 1952 and consists of six units on a 5,250 square foot lot with 4,410 square feet of living space, offering an investor a unit mix of six large studio units. The property provides tenants with individual covered parking spaces and an on-site laundry facility. Conveniently located on El Camino Real, the property is adjacent to Millbrae Square which offers numerous retail and dining options just a few steps away. Millbrae Station for both BART & Caltrain are a half mile away, providing tenants easy access to the entire Bay Area via public transit. Additionally, the property is near the San Francisco International Airport. Two units are currently vacant and market rent estimate is used for underwriting.

Price History
9/13/2021 Listed $2,650,000
11/30/2021 6% - $2,498,000

General Features

# of Buildings 1
Accessibility None
Age 69
City MILLBRAE
Cooling None
County San Mateo
Heating Wall Furnace
Listing Agent State License 01870648
MLS Area Marino Vista Park
Property SubType Five or More Units
Property Type Commercial Multi-Residential (5+ units)
Restrictions None
Roof Composition
Security Features None
Special Listing Conditions Not Applicable
Status Active
Utilities Individual Electric Meters, Individual Gas Meters
Water Water On Site
Year Built 1952
Zoning Text Unknown

Interior Features

Living Sqft 4410
Unit 1 Rent 1200

Exterior Features

Building Area Total 4410
Foundation Details Concrete Perimeter and Slab
Lot Acres 0.1205
Lot Size Area 5250.00
Lot Size Units Square Feet
Maximum Lot Size 5250.00
Meters Separate Electric, Separate Gas
Parking Features Covered Parking, On Street
Parking Spaces 6
Sewer/Septic Sewer Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 94030

Price
AVG $2.5M
$2.5M
Visits
AVG 16
15
Year Built
AVG 1952
1952
Walkscore
AVG 95
95
Data Provided by Walkscore ® not using MLS data

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