105 Chadbourne Avenue and 75 Broadway present a compelling value-add and development opportunity in one of the Bay Areas most desirable and undersupplied submarkets. The portfolio includes an 8-unit apartment building located at 105 Chadbourne Avenue and an adjacent single-family home at 75 Broadway on the neighboring parcel (9 units total, 100% occupied). Perfect for developers looking to capitalize on Californias pro-housing legislation or investors seeking stable cash flow with substantial long-term appreciation potential. The subject consists of a rectangular-shaped corner property with two APNs at the corner of Broadway and Chadbourne Ave and one block in from El Camino Real. Gross site size is 12,000 sf for the two parcels. There is 100 feet of frontage on Broadway and 120 feet of frontage on Chadbourne Ave. Seize this rare chance to acquire two contiguous parcels totaling ±12,000 SF of prime land in the heart of Millbrae, one of the Peninsulas most sought-after and supply constrained markets.
130 days
|
336
|
3
|
Zillow last checked:
Listing updated:
Listed by:
Sam Runco01977683650-759-3414,
Marcus & Millichap650-391-1700,
Philip Batlin01873218415-625-2189
Source: MLSListings Inc,MLS#: ML82042730
Facts & features
Interior
Heating
Wall Furnace
Cooling
None
Features
Doors: None
Interior area
Total structure area: 7,932
Total interior livable area: 7,932 sqft
Property
Parking
Total spaces: 6
Parking features: Attached, On Street
Garage spaces: 6
Has carport: Yes
Accessibility
Accessibility features: None
Lot
Size: 0.28 Acres
Details
Parcel number: 024332010
Zoning: RF-MU
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Five Or More Units, Residential Income