Active MLS # ML81916660 | Listed by Gregory Cohn with Coldwell Banker Realty
1007 Hemlock Avenue is a $5,478,000, 9,350 square foot home on a 0.25 acre lot located in Millbrae, CA.
This completely renovated 11-unit apartment building offers the seasoned investor an opportunity to create the perfect tenancy in a low-maintenance newly renovated property. The building is offered vacant & ready for occupancy. Due to a 2020 electrical fire, the building was completely renovated, and most exterior & interior building components have been replaced including a new roof, stucco exterior, sheetrock, sprinklers, windows & doors, electrical systems, hot water heater & plumbing throughout. Lower walkways have fresh cement, upper walkways were refinished and sealed with waterproof coatings. The driveway has a fresh slurry seal, and the parking area has been re-striped. The apartments are all 2-Bedroom, 1 Bath units, ±850sf each and situated on a ±11,031sf, parcel zoned R-3. The building offers 11 carports + 6 guest parking spaces, an on-site laundry room & 12 storage closets. MLS income/expenses are estimated based on Nov 2022 appraisal.
| #Carport Spaces | 11.0 |
| Basement | Slab |
| Appliances | Dishwasher Disposal Electric Oven Range Hood Vented Exhaust Fan |
| Interior Features | Laminate Scarlet OHara Stairs Semi Ensuite |
| Cooling Types | None |
| Heating Types | Electric Heating - Yes |
| # Parking Spaces | 6 |
| Parking Types | Covered Carport - Yes parking116 |
| Exterior Features | None Close Of Escrow Standard |
| Roof | Composition Shingle |
| Land Type | Level Paved |
| Water Source | Public |
| Sewer | Public Sewer |
| Attribution Contact | (650) 558-4200 |
| Property Type | Residential Income |
| Property Sub Type | Mixed Use |
| Style | Full Service |
| Year Built | 1985 |
| HOA Fee | $0.00 |
| Taxes | $63,545.00 |
| County | san mateo |
| School District | other |
| Elementary School | |
| Middle School | |
| High School | |
| Neighborhood |
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