970 Magnolia AVE, Millbrae, CA 94030
- $6,055,000
- 11,816
- SqFt
Listed by Gregory Terry, 650-678-1110 from Compass
(If provided) CoList: Jeff Harber from Compass
Sold listing courtesy of Jose Chito Denoga from JDEN
- Sold Price
- $6,055,000
- List Price
- $6,485,000
- Closing Date
- Aug 25, 2023
- MLS#
- ML81925753
- Status
- SOLD
- Sqft. of Residence
- 11,816
- Lot Size
- 15,400
- Listing Area
- Meadow Glen
- Year Built
- 1950
Property Description
Prominently displayed amid Millbrae's most coveted row of multi-family residential buildings, 970 Magnolia Avenue boasts unparalleled access to the shops and restaurants of downtown Millbrae, as well as transportation and highly ranked schools. Behind the buildings stately facade are Twelve sizable and well appointed residential units, some of which have benefitted from recent upgrading... A fantastic opportunity to add a pride of ownership property to your portfolio! Here are some attractive elements of this offering: 12 Units (All are 2-BR, 1-BA), 6 Garage Parking Spaces,Ample Additional On-Street Parking, 11,816 SqFt Building (per Tax Records), 15,400 SqFt Parcel (per Tax Records), Built in 1950, Gross Rental Income: $362,913.48, 100% Occupied: Ten (10) tenants are currently month-to-month with two (2) tenants on existing leases.
/u.realgeeks.media/sanjoserealestatepro/Header_Logo-min.png){kind=logo}
Additional Information
- Acres
- 0.35
- Age
- 73
- Cooling System
- None
- Days On Market
- Unknown
- Floor Covering
- Carpet, Concrete, Hardwood, Laminate, Vinyl / Linoleum
- Foundation
- Concrete Perimeter
- Garage Parking
- Assigned Spaces, Attached Garage, On Street
- Heating System
- Gas, Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 11,816
- Lot Size
- 15,400
- Neighborhood
- Meadow Glen
- Other Rooms
- Laundry Room, Storage
- Other Utilities
- Individual Electric Meters, Individual Gas Meters, Public Utilities
- Roof
- Composition, Shingle
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- R3
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved