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105-107 Chadbourne Ave
Millbrae, CA 94030
105 Chadbourne and 75 Broadway · Property For Sale
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8,952 SF Total
Investment Highlights
- Portfolio features two contiguous parcels totaling approximately 12,000 square feet in Millbrae.
- Located on a prominent corner at Broadway and Chadbourne Avenue with highly visible frontage.
- Includes an 8-unit multifamily building and an adjacent single-family residence, currently 100% occupied across nine rental units.
- Strong long-term appreciation potential combined with stable in-place income stream .
Executive Summary
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.
Seize this rare chance to acquire two contiguous parcels totaling ±12,000 SF of prime land in the heart of Millbrae, one of the Peninsula’s most sought-after and supply constrained markets.
Reach out to Phil or Sam Offering Memorandum.
Seize this rare chance to acquire two contiguous parcels totaling ±12,000 SF of prime land in the heart of Millbrae, one of the Peninsula’s most sought-after and supply constrained markets.
Reach out to Phil or Sam Offering Memorandum.
Property Facts
| Price / SF | $994.75 CAD / SF | Number of Properties | 2 |
| Cap Rate | 2.73% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,952 SF |
| Status | Active | Total Land Area | 0.37 AC |
| Price / SF | $994.75 CAD / SF |
| Cap Rate | 2.73% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 8,952 SF |
| Total Land Area | 0.37 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 105-107 Chadbourne Ave, Millbrae, CA 94030 | Multifamily | 7,932 SF | 1929 | - |
| 75 Broadway, Millbrae, CA 94030 | Specialty | 1,020 SF | 1938 | - |
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