Mixed-Use
75 Broadway & 105 Chadbourne
75 Broadway, Millbrae, CA 94030
Listing Price: $6,500,000
Investment Overview
75 Broadway and 105 Chadbourne Avenue present a compelling value-add and development opportunity in one of the Bay Area’s 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 California’s 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 APN’s 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.
Exclusively Listed By
Listing Price: $6,500,000
Investment Highlights
- 90 Walkscore
- Steady in-place income
- Eligible for SB79 and State Density Bonus
Investment Overview
75 Broadway and 105 Chadbourne Avenue present a compelling value-add and development opportunity in one of the Bay Area’s 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 California’s 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 APN’s 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.
Exclusively Listed By
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