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472 Lincoln Circle, Millbrae, CA 94030

Millbrae
Local realty services provided by:CENTURY 21 Baldini Real Estate, Inc.
472 Lincoln Circle,Millbrae, CA 94030
$5,900,000
  • - Beds
  • - Baths
  • 18,768 sq. ft.
  • Multi-family
  • Active
Listed by: matthew flaherty
Office: colliers international
MLS#:426157178
Source:CABCREIS

Price summary

  • Price:$5,900,000
  • Price per sq. ft.:$314.36

About this home

The Bay Area Portfolio: four apartment communities totaling 41 units across Millbrae, Redwood City, Martinez, and Concord, spanning San Mateo and Contra Costa Counties. Individual assets range from 8 to 15 units. The Offering is available as a whole, in sub-portfolios, or asset by asset. The portfolio divides along county lines by basis and by yield. The San Mateo County sub portfolio accounts for 25 units and $11,300,000 at an average go-to-market cap rate of 4.94%, while the Contra Costa County sub portfolio accounts for 16 units and $4,450,000 at 5.26% go-to-market cap rate. On the Peninsula, 472-480 Lincoln Circle sits in the affluent Telescope Hills neighborhood roughly one mile from the Millbrae Intermodal Station, the only platform in the region where BART connects directly with Caltrain. 1548 Hudson Street holds the portfolio's largest floorplans, averaging about 1,160 square feet per unit, in Redwood City's Palm Park neighborhood. In-place rents at the two Peninsula assets...

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Home facts

  • Year built:1965
  • Listing ID #:426157178
  • Added:61 day(s) ago
  • Updated:October 25, 2026 at 03:23 PM

Rooms and interior

  • Rooms Total:53
  • Living area:18,768 sq. ft.

Structure and exterior

  • Year built:1965
  • Building area:18,768 sq. ft.
  • Lot area:0.34 Acres

Finances and disclosures

  • Price:$5,900,000
  • Price per sq. ft.:$314.36
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