SOLD 08/04/2023
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Commercial sold for $9,200,000 in 141 days
105 La Cruz Ave Millbrae, CA, 94030
Off the market Other
Mixed Use 23 unit building in Downtown Millbrae, CA at the corner of Broadway and La Cruz. Five (5) units are street front retail spaces ranging from 750 to1250 square feet (Total Retail Sq.Ft. is 4,835). Eighteen (18) units are residential: (17) are 1 bedroom 1 bath of approximately 600 sq. ft. and (1) 3 bedroom 2 bath unit of 1,550 sq. ft.. Downtown Millbrae is a great place to live and work. Tenants enjoy walking to several restaurants, grocery stores and most other retail needs. Also just blocks away is the CalTrain station and BART providing easy access to San Francisco, San Jose and SFO. Not to mention easy access to the 101 Freeway and 280 Freeway. Don't miss this amazing opportunity
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Property details
19,054 sqft interior area
View
Downtown
Land area
10,113 sqft (0.23 acres)
Address
105 La Cruz Ave, Millbrae, CA, 94030
City of California
Millbrae
County
San Mateo
Year Built
1944
District
Highlands Millbrae
Nearby major retailers
Costco
Costco Business Center
AT&T
GNC
T-Mobile
7-Eleven
Walgreens
Safeway
Apple Store
Lowe's
Pet Food Express
Ace Hardware
Trader Joe's
Wholesale: 2
Mobile phone: 2
Nutrition supplements: 1
Convenience: 2
Chemist: 1
Supermarket: 4
Electronics: 1
Do it yourself: 2
Pet: 1
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Listed by
Tim Gilmartin, Gilmartin Group
Name
Tim Gilmartin
License number
00841354
Brokerage company
Gilmartin Group
MLS #
ML81921935
Buyer agent
Name
Matthew Rogers
Brokerage company
Rogers & Associates
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Calculate your monthly payments
Mortgage
$28,247
Taxes
$0
HOA dues
$0
Mortgage
$1,840,000 / 20%
2.28%
30 years
Your amount
$28,247 / month
Lot details
TMK #024147010
Lot Description
Regular
Parcel nr.
024147010
94030 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 94030
45%
Families with children
National average: 39%
30%
Non family households
108,749
Population
$170,450
Average Income
Age & gender
Median age 41 years
More info
Commute types
75% commute by car
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Education level
33% have bachelor education
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Number of employees
7% work in management
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Vehicles available
36% have 2 vehicle
More info
Vehicles by gender
36% have 2 vehicle
More info
Housing market insights for
$2.14m
Neighborhood average
sales price*
sales price*
$1.75m
Neighborhood median
sales price*
sales price*
183
Number
of sales*
of sales*
Housing type
60% are single detacheds
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Rooms
28% of the houses have 4 or 5 rooms
More info
Bedrooms
49% have 2 or 3 bedrooms
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Owners vs Renters
59% are owners
More info
17.5 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Aug 4, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Aug 4, 2023 | Sold | $9,200,000 | 0 | Public Record |
| Aug 4, 2023 | Price Decrease | $9,200,000 -8% | 0 | MLS #ML81921935 |
| Jun 19, 2023 | Pending | $10,000,000 | 0 | MLS #ML81921935 |
| May 13, 2023 | Price Decrease | $10,000,000 -5.66% | 0 | MLS #ML81921935 |
| Mar 17, 2023 | New Listing | $10,600,000 | 0 | MLS #ML81921935 |
Taxes of 105 La Cruz Ave, Millbrae, CA, 94030
CL00 zoning / MLS #ML81921935
Zoning
CL00
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Frequently Asked Questions about 105 La Cruz Ave
What is 105 La Cruz Ave?
105 La Cruz Ave is a Commercial/Industrial propertywith 19,054 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
105 La Cruz Ave, Millbrae, CA, 94030.
What comparable properties are nearby?
Comparable nearby commercial properties include 140 El Camino Real, 1405 Bellevue, 2 Park Rd, 12 Lorton Ave, 502 Commercial Ln, 710 Laurel Ave.
Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Aug 16, 2023
Verhouse Last checked 4 minutes ago
The closest grocery stores are Safeway 2878, 0.24 miles away and Trader Joe's, 0.33 miles away.
The 94030 zip area has a population of 108,749, and 45% of the families have children. The median age is 41.93 years and 75% commute by car. The most popular housing type is "single detached" and 59% is owner.
