NOT LISTED FOR SALE

40 Mateo Ave Millbrae, CA 94030

Downtown Millbrae Neighborhood
6 Beds
4 Baths
3,668 Sq Ft
5,001 Sq Ft Lot

Sale Details

Date Sold: August 28, 2018

Last sale price $1,680,000 $458 Per Sq Ft

40 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Tile Flooring
  • Taylor Middle School Rated A-
  • 3 Car Attached Garage
  • Forced Air Heating System

About This Home

As of August 2018

*** Open house on July 28 SAT from 1pm to 4pm. *** Offer as they come.*** Spacious identical duplex located few blocks away from downtown of Millbrae, Near top school of Mills High, Bart, Caltrain and restaurants. Features 3 bedrooms and 2.5 baths, living rooms, dinning room, laundry, balcony and patio per unit. Tenants are in month to month basis and paid all utilities. Unit 40 has 1 car garage and 42 has 2 cars garage.

Last Agent to Sell the Property

Mandy Lam

Century 21 Realty Alliance License #01385133 Listed on: 06/19/2018

Co-Listed By

Wilson Huang

Century 21 Realty Alliance License #01242757

Last Buyer's Agent

Perry Chiu

Century 21 Realty Alliance License #01737969

Property Details

Home Type

  • Multi-Family

Year Built

  • 1986

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,668 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Utilities

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

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $500
  • Insurance Expense $1,842
  • Other Expense $5,000
  • Operating Expense $20,728
  • Gross Income $72,000

Property Details

Home Type

Multi-Family

Year Built

1986

Lot Details

5,001 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R200
  • Subclass: Duplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3668
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1986

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Exhaust Fan, Refrigerator
  • Living Sq Ft: 3668
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Available, Sewer Connected

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 22.92
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1842
  • Expense Landscape: 500
  • Expenses Other: 5000
  • Expenses Total: 20728
  • Income Annual Gross: 72000.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Loan - Mortgage
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/28/2018 08/28/18 Sold $1,680,000 +1.8% $458 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
07/24/2018 07/24/18 Price Changed $1,650,000 -2.8% $450 / Sq Ft
06/19/2018 06/19/18 For Sale $1,698,000 -- $463 / Sq Ft
Source: MLSListings

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mandy Lam

    Century 21 Realty Alliance

  • W

    Seller Co-Listing Agent in 2018

    Wilson Huang

    Century 21 Realty Alliance

  • P

    Buyer's Agent in 2018

    Perry Chiu

    Century 21 Realty Alliance

See All Agents

Map

Source: MLSListings

MLS Number: ML81711044

MLSListings
California San Mateo County Millbrae 94030 Downtown Millbrae

40 Mateo Ave, Millbrae, CA

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