SOLD 11/22/2017
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Commercial sold for $3,260,000 in 132 days
487 Lincoln Cir Millbrae, CA, 94030
Off the market Other
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.
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Property details
6,733 sqft interior area
Land area
7,040 sqft (0.16 acres)
Address
487 Lincoln Cir, Millbrae, CA, 94030
City of California
Millbrae
County
San Mateo
Year Built
1968
District
Telescope Hills/silva Ranch
Nearby major retailers
Costco
Costco Business Center
AT&T
GNC
Walgreens
Safeway
Apple Store
Lowe's
Pet Food Express
Ace Hardware
7-Eleven
Trader Joe's
Wholesale: 2
Mobile phone: 1
Nutrition supplements: 1
Chemist: 1
Supermarket: 4
Electronics: 1
Do it yourself: 2
Pet: 1
Convenience: 1
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Interior Features
—
Garage & Parking
Assigned
Appliances
Refrigerator
Listed by
Tina Low-lee, Coldwell Banker Realty
Name
Tina Low-lee
License number
01007952
Brokerage company
Coldwell Banker Realty
MLS #
ML81669925
Buyer agent
Name
Jeremy Williams
Brokerage company
Alain Pinel Investment Group
Payment calculator
Calculate your monthly payments
Mortgage
$10,009
Taxes
$0
HOA dues
$0
Mortgage
$652,000 / 20%
2.28%
30 years
Your amount
$10,009 / month
Lot details
TMK #021433020
Parcel nr.
021433020
94030 info
Essentials nearby
Neighborhood stats
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94030
44%
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
76% commute by car
More info
Education level
32% have bachelor education
More info
Number of employees
7% work in management
More info
Vehicles available
35% have 2 vehicle
More info
Vehicles by gender
35% have 2 vehicle
More info
Housing market insights for
$1.97m
Neighborhood average
sales price*
sales price*
$1.63m
Neighborhood median
sales price*
sales price*
177
Number
of sales*
of sales*
Housing type
60% are single detacheds
More info
Rooms
30% of the houses have 4 or 5 rooms
More info
Bedrooms
51% have 2 or 3 bedrooms
More info
Owners vs Renters
59% are owners
More info
Schools
7 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
Green Hills Elementary School
401 Ludeman Lane,
Millbrae, CA 94030
Elementary School |
0.356mi |
| out of 10 |
Taylor Middle School
850 Taylor Boulevard,
Millbrae, CA 94030
Middle School |
0.076mi |
| out of 10 |
Mills High School
400 Murchison Drive,
Millbrae, CA 94030
High School |
0.735mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Green Hills Elementary School
401 Ludeman Lane,
Millbrae, CA 94030
|
0.356mi |
|
St. Dunstan's Elementary School
1150 Magnolia Avenue,
Millbrae, CA 94030
|
0.467mi | |
| out of 10 |
Spring Valley Elementary School
817 Murchison Drive,
Millbrae, CA 94030
|
0.906mi |
| out of 10 |
Meadows Elementary School
1101 Helen Drive,
Millbrae, CA 94030
|
0.911mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Taylor Middle School
850 Taylor Boulevard,
Millbrae, CA 94030
|
0.076mi |
|
St. Dunstan's Elementary School
1150 Magnolia Avenue,
Millbrae, CA 94030
|
0.467mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Mills High School
400 Murchison Drive,
Millbrae, CA 94030
|
0.735mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Nov 22, 2017
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 22, 2017 | Sold | $3,260,000 | 0 | Public Record |
| Nov 22, 2017 | Price Decrease | $3,260,000 -6.32% | 0 | MLS #ML81669925 |
| Aug 13, 2017 | Under contract | $3,480,000 | 0 | MLS #ML81669925 |
| Jul 14, 2017 | New Listing | $3,480,000 | 0 | MLS #ML81669925 |
Taxes of 487 Lincoln Cir, Millbrae, CA, 94030
RES zoning / MLS #ML81669925
Zoning
RES
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Frequently Asked Questions about 487 Lincoln Cir
What is 487 Lincoln Cir?
487 Lincoln Cir is a Commercial/Industrial propertywith 6,733 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
487 Lincoln Cir, Millbrae, CA, 94030.
What comparable properties are nearby?
Comparable nearby commercial properties include 435 Broadway, 1641 El Camino Real, 777 San Bruno Ave, 927/933 Green Ave, 33 Highland Ave, 454 Railroad Ave.
Based on information from the bridgeMLS as of 04-26-2024. 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: Sep 02, 2021
Verhouse Last checked 3 minutes ago
The closest grocery stores are Trader Joe's, 0.43 miles away and Safeway 2878, 0.5 miles away.
The 94030 zip area has a population of 108,749, and 44% of the families have children. The median age is 41.79 years and 76% commute by car. The most popular housing type is "single detached" and 59% is owner.
