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487 Lincoln Circle, Millbrae, CA 94030
$3,260,000
487 Lincoln Circle, Millbrae, CA 94030View this property at 487 Lincoln Circle, Millbrae, CA 94030
487 Lincoln CircleMillbraeCA94030
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Property Description
Rare opportunity to own this well maintained 6 UNITS building in the very quiet neighborhood of Telescope Hills in Millbrae. Each unit consists of 2 BR 1 BA storage room & 1 car parking. Separate PG&E meter. All units are identical with a massive upside rent potential. Rents are currently significantly below market rate and all leases are month to month. One unit has recently been remodeled with new interior paint & new carpet. Laundry room w coin-operated washer & dryer. Close proximity to shops & Restaurants. Easy access to Millbrae Bart Station, Highways 101, 380 & 280, El Camino Real, SFO, Millbrae City Hall, Public Library and Community Center.
Full Property Details
Full Property Details for 487 Lincoln Cir
General
- Sold For: $3,260,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 460312
- Added to Site: 2, 471 day(s) ago
Interior
- Appliances: Oven/Range Freestand, Refrigerator
Rooms
Other Rooms
- Laundry: Coin Operated
Parking
- Garage Spaces: 6
Location
- Area: MILLBRAE
- County: San Mateo
- Cross Streets: Richmond Dr
Structural Information
- Architectural Style: Contemporary
- Stories/Levels: 2
- Stories Description: Apartments, 2 Stories
- Square Feet: 6,733
- Year Built: 1968
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 7,040
- Lot Dimensions: 55 x 128
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $484.18
- Price Per Acre: $20,173,267.33
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Schools
Schools serving 487 Lincoln Cir
School Districts:Millbrae Elementary School District, San Mateo Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1101 Helen Dr, Millbrae, CA 94030 | K-5 | 0.9 mi | |
850 Taylor Blvd, Millbrae, CA 94030 | 6-8 | 0.2 mi | |
400 Murchison Dr, Millbrae, CA 94030 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 487 Lincoln Cir
Date
Details
Price
Change
Source
11/22/2017
Sold
$3,260,000
-6.32%
MLS
7/14/2017
Listed
$3,480,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
487 Lincoln Circle, Millbrae, CA 94030 (MLS# 460312) is a Multi-Family property that was sold at $3,260,000 on November 22, 2017. This property was listed by Tina Low-Lee from our S.F. Lakeside Office.Want to learn more about 487 Lincoln Circle? Do you have questions about finding other Multi-Family real estate for sale in Millbrae? You can browse all Millbrae real estate or contact a Coldwell Banker agent to request more information.