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Property Description

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.

Overview

Property Status
For Sale
Lot Size
0.28 Acres
MLS ID
ML82042730
Property Type
Residential
Year Built
1929

Features & Amenities

Total Area
7,932 Sq.Ft.
Garage Spaces
6.0
Water Source
Other
Utilities
Other
Roof
Other
Parking
Attached Garage, On Street
Heat Type
Wall Furnace
Air Conditioning
None
Sewer
Other
Substructure
Other
Disability Features
None
School District
SanMateoUnionHigh
Sales Price
$6,500,000
Zoning
RF-MU

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105 Chadbourne Avenue

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for your interest in 105 Chadbourne AVE, Millbrae, CA 94030

105 Chadbourne Avenue
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  • 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.

    Marcus & Millichap - The Batlin Group

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