CA > Millbrae
Millbrae, CA 94030,Broadway
Millbrae, CA 94030,Broadway
Millbrae, CA 94030,Broadway
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Eric Chu

Eric Chu

+1(650) 922-7449
Listed by Ted McCann • Omarshall, Inc
$4,869,000
Est. payment /mo
3 Beds
2 Baths
11,968 SqFt
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Key Details

Property Type 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

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

Building/Complex Name The Continental Apartments

Zoning R3

Rooms

Other Rooms Laundry Room, Storage

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

Exterior Feature Balcony / Patio, Courtyard, Drought Tolerant Plants, Fenced, Low Maintenance

Parking Features Assigned Spaces, Carport

Community Features Additional Storage

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

Others

Restrictions None

Tax ID 021-276-350

Miscellaneous None

Security Features None

Special Listing Condition Not Applicable

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agent
Eric Chu

Agent | License ID: 02039805

+1(650) 922-7449 | eric@keyluxestates.com

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