NOT LISTED FOR SALE

241 Vallejo Ct Millbrae, CA 94030

Mills Estates Neighborhood
12 Beds
8 Baths
7,944 Sq Ft
0.7 Acres

Last Sold May 03, 2019

Last sale price $3,895,000 $490 Per Sq Ft

19 Days on Market

Highlights

  • Bay View
  • 0.7 Acre Lot
  • Vaulted Ceiling
  • Spring Valley Elementary School Rated A-
  • Deck
  • Balcony

About This Home

As of May 2019

Amazing & spacious 4 units all with bay views located on a private street. All units have fireplaces, 2 upper units have vaulted ceilings & 2 decks. Lower units have a side and back patio. 3 units have all new windows. Each unit has their own seperate 2 car garage. Shared laundry room but all units have enough space to put in washer & dryer units. Outstanding location close to 280 with shopping in Burlingame or Millbrae close by.

Last Agent to Sell the Property

Nancy Palmer

Compass License #00525350 Listed on: 03/15/2019

Compass

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 0.7 Acre Lot
  • Fenced
  • Lot Sloped Down
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard

Parking

  • 8 Car Attached Garage
  • Secured Garage or Parking
  • Off-Street Parking

Property Views

  • Bay
  • Panoramic

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 7,944 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Storage Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $145,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $2,640
  • Insurance Expense $9,332
  • Maintenance Expense $7,184
  • Utility Expense $9,972
  • Trash Expense $1,624
  • Operating Expense $35,451
  • Gross Income $146,672

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

8

Listing Details

  • Zoning: PD
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 7944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Countertop - Laminate, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 7944
  • Stories: 2
  • Security: Secured Garage / Parking
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Laundry Room, Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle
  • View: Bay, Panoramic
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 8
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • High School: 659

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Down, Views
  • Lot Acres: 0.6990
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 30447.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 30447.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 26.56
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 9332
  • Expense Landscape: 2640
  • Expense Maintenance: 7184
  • Expenses Total: 35451
  • Expenses Utility: 9972
  • Expense Trash: 1624
  • Income Annual Gross: 146672.00
  • Income Annual Rental: 145800
  • Income Gross Scheduled: 146672
  • Income Includes: Laundry, Rents
  • Income Other: 872
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2019 05/03/19 Sold $3,895,000 0.0% $490 / Sq Ft
04/04/2019 04/04/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $3,895,000 -- $490 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nancy Palmer

    Compass

    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81742951

MLSListings
California San Mateo County Millbrae 94030 Mills Estates

241 Vallejo Ct, Millbrae, CA

Not Listed for Sale

MultiFamily

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