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$4,488,000
132 Days On Site

Millbrae, CA 94030

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
11,968
SqFt
$375
/SqFt
1960
Built
County:
San Mateo
Listed by Ted McCann of Omarshall, Inc [email protected]
Call Now: (714) 536-5377
Is this the listing for you? We can help make it yours.
(714) 536-5377
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Monthly Payment (Est.)

$20,476
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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.

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Listing Snapshot
Price 
$4,488,000
Days On Site 
132 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,968 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2811 Acres
Year Built 
1960
MLS® Number 
ML82002808
Status 
Active
Property Tax 
$49,817
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
2 months agoPrice changed to $4,488,000
4 months agoListing first seen on site
General Features
Acres 
0.2811
Carport 
12
Special Circumstances 
Standard
SqFt Total 
11968
Water Source 
Public
Zoning 
R3
Interior Features
Cooling 
None
Heating 
Wall Furnace
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Exterior Features
Lot Features 
LevelPaved
Community Features
MLS Area 
699 - Not Defined
School District 
Other
Schools
School District
Other
Elementary School
Unknown
Middle School
Unknown
High School
Unknown


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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