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$6,425,000
426157178 MLS
The Bay Area Portfolio: four apartment communities totaling 41 units across Millbrae, Redwood City, Martinez, and Concord, spanning San Mateo and Contra Costa Counties. Individual assets range from 8 to 15 units. The Offering is available as a whole, in sub-portfolios, or asset by asset. The portfolio divides along county lines by basis and by yield. The San Mateo County sub portfolio accounts for 25 units and $11,300,000 at an average go-to-market cap rate of 4.94%, while the Contra Costa County sub portfolio accounts for 16 units and $4,450,000 at 5.26% go-to-market cap rate. On the Peninsula, 472-480 Lincoln Circle sits in the affluent Telescope Hills neighborhood roughly one mile from the Millbrae Intermodal Station, the only platform in the region where BART connects directly with Caltrain. 1548 Hudson Street holds the portfolio's largest floorplans, averaging about 1,160 square feet per unit, in Redwood City's Palm Park neighborhood. In-place rents at the two Peninsula assets run 10.54% and 10.34% below market, respectively. 472-480 Lincoln Circle, Millbrae 1548 Hudson St, Redwood City 3550 Chestnut Ave, Concord 1524-1534 Willow St, 1131 Warren St, Martinez

472 Lincoln Circle, Millbrae

Listing courtesy of Matthew Flaherty, from Colliers International
(If provided) CoList: from

$1,488,000
4 Beds ML82044385 MLS
Stellar duplex in one of Millbrae's most convenient locations! This duplex offers 2 identical 2 bed, 1 bath floor plans, with their addresses at 332 San Jose Ave and 333 Pine Street. Each unit enjoys an attached one car garage with washer and dryer and private backyard. Both units are equipped with openable skylights, dishwashers, garbage disposals, and newer appliances. A highly productive fragrant lemon tree graces the frontage of 333 Pine Street. This duplex is currently tenant-occupied with stable tenants on month-to-month leases, presenting immediate income potential. Ideally situated within walking distance to vibrant downtown Millbrae and major commute corridors, this prime location is near the heart of the city with its charming cafes, artisanal bakeries, and diverse dining options offering a rich mix of multicultural cuisine. Residents benefit from proximity to amenities including the Millbrae Library, recreation center, community garden, popular farmers markets and specialty grocers like Trader Joe's. Nestled in a quiet neighborhood yet exceptionally commuter-friendly, this property is just minutes from Caltrain, BART, major freeways, and SFO. A rare opportunity in a highly desirable location ideal for both homeowners and investors alike!

332 San Jose AVE, Millbrae

Listing courtesy of Betty Leung, 408-921-7336 from Intero Real Estate Services
(If provided) CoList: from

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