Property Detail

Description

Prime Investment Opportunity in the Heart of Millbrae! Welcome to The Continental Apartments, a well-maintained 12-unit complex located minutes from vibrant downtown Millbrae. Situated in one of the most desirable cities on the Peninsula, this property offers convenience, strong tenant demand, and long-term upside. Millbrae is known for its top-rated schools, and easy access to SFO, BART, and Caltrain. The downtown features events such as a farmers market, art & wine fest, and an array of shops, restaurants, and services. Trader Joes, Safeway, and the Broadway shopping corridor is close by. The property consists of 2 buildings, each with 4 upper and 2 ground-floor units arranged around a central courtyard. Unit mix: (2) 2-bed / 1-bath units (10) 1-bed / 1-bath units Most apartments include private balconies/patios, or fenced outdoor areas. Each unit has a storage closet. There are 2 shared laundry rooms (each with a washer and dryer). Assigned carport parking is located beneath the buildings. Recent Upgrades: new roof (2024), new exterior paint and new low maintenance landscaping. This is a rare chance to own a turnkey asset in a high-demand rental market with strong fundamentals and room for value-add potential. Ideal for investors seeking stable income and future growth.