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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.
LAST UPDATED | 1/21/2024 | YEAR BUILT | 1950 |
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GARAGE SPACES | 6.0 | COUNTY | San Mateo |
STATUS | Sold | PROPERTY TYPE(S) | Multi Family |
Elementary School | Green Hills Elementary |
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Jr. High School | Taylor Middle |
High School | Mills High |
ADDITIONAL DETAILS | |
GARAGE | Attached Garage, Yes |
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HEAT | Natural Gas |
LOT | 0.3535 acre(s) |
LOT DIMENSIONS | 15400.00 |
PARKING | Attached |
SEWER | Public Sewer |
WATER | Public |
TOTAL MONTHLY PAYMENT

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Based on information from MLSListings MLS as of 5/10/25 6:36 PM PDT. 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.
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