481 Lincoln Cir | Millbrae, CA 94030
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- LoopNet Team
481 Lincoln Cir
Millbrae, CA 94030
Multifamily Property For Sale
·
7 Units
Investment Highlights
- Investors have the opportunity to acquire a well-situated asset in one of the most desirable locations in Millbrae.
- The subject property is located within walking distance of Downtown Millbrae (0.4 miles) with many dining and shopping options.
- Potential Additional Studio Conversion from onsite office/storage space.
- 481 Lincoln Circle offers six large townhouse-style two-bedroom units with private balconies and one three-bedroom unit with a patio.
- Excellent Transportation Corridors – Residents have easy access to Interstate 101 and 280, BART and Caltrain
Property Facts
| No. Units | 7 | Building Size | 10,371 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 0.67/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R-3 | ||
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 10,371 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 0.67/1,000 SF |
| Zoning | R-3 |
Amenities
Unit Amenities
- Balcony
- Disposal
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 6 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 021-433-050 | Improvements Assessment | $1,240,000 |
| Land Assessment | $1,860,000 | Total Assessment | $3,100,000 |
Property Taxes
Parcel Number
021-433-050
Land Assessment
$1,860,000
Improvements Assessment
$1,240,000
Total Assessment
$3,100,000
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