Homes for sale - Broadway, Millbrae, CA 94030

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Ted McCann • Omarshall, Inc

$4,869,000

Est. payment - /mo

3 Beds

2 Baths

11,968 SqFt

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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,968 sqft

Price per Sqft $406

MLS Listing ID ML82002808

Style Contemporary

Bedrooms 3

Full Baths 2

Originating Board MLSListings, Inc.

Year Built 1960

Lot Size 0.281 Acres

Property Sub-Type Five or More Units

Property Description

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.

Location

State CA

County San Mateo

Area Millwood

Zoning R3

Rooms

Kitchen Countertop - Other, Hood Over Range, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Laminate, Sustainable Materials, Vinyl / Linoleum

Laundry Coin Operated, Washer / Dryer

Exterior

Parking Features Assigned Spaces, Carport

Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities

View Hills

Roof Type Bitumen

Building

Lot Description Grade - Level, Paved

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public, Sewer Connected

Water Public, Storage Tank

Architectural Style Contemporary

Others

Tax ID 021-276-350

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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Broadway Millbrae, CA 94030

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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