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1007 Hemlock Ave , Millbrae, CA 94030
$5,478,000
Est. Payment: $29,880.83/mo
9350 Sqft
0.25 Acres
Status: Active | Days on site: 572
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ML39593 - ML5084552
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Chris Heller
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House Description

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.
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Highlights

Listed by Gregory Cohn , 650-685-7707 Coldwell Banker Realty , (650) 558-4200. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.25

Year Built

1985

County

San Mateo

Area

699 - Not Defined

 School District

Other

Listing ID

ML81916660

Questions about this listing?

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Interior Features

Appliances:Dishwasher, Electric Oven, Disposal, Range Hood, Vented Exhaust Fan
Floor:Laminate
Water:Public

Exterior Features

Lot:Level,Paved,No Land Lease
Garage Capacity:6
Zoning:R30000
Roof:Composition,Shingle
Sewer:Public Sewer
Parking Features:Covered
Principal Interest
$29,881
Taxes
$5,295

Home Price

$5,478,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$1,095,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$29,880.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $29,880.83 $5,295.42 $0.00 $35,176.25
Yearly $358,569.99 $63,545.00 $0.00 $422,114.99
Total $10,757,099.67 $1,906,350.00 $0.00 $12,663,449.67

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Millbrae, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. 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, 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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