Owner
$4,421,079
1224 FRONTERA WAY, MILLBRAE, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
Yes
beds
3
baths
3
sq. ft.
3,580
property type
Single Family Residential
hoa
No
About
Residential
Living Area
Garage
1 Story
Central
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1961
Building Size
3,580 sq ft
Lot Size
10,641 sq ft
Lot Size (Acres)
0.24 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
025-042-070
County
San Mateo County, California
Metro Area
San Francisco-Oakland-Fremont, CA
Zoning
R10006
Neighborhood/Subdivision
MILLS ESTATE NO 18
Lot Number
11
School District
Millbrae Elementary School District
Legal Description
LOT 11 BLOCK 27 MILLS ESTATE NO 18 RSM 46/49 50 CITY OF MILLBRAE
Tax & Value Information
Market Value (Total)
$2,964,870
Building Value
$0
Land Value
$2,964,870
Annual Property Tax
$32,414
Tax Assessment Year
2024
Assessed Value
$2,853,016
Last Assessment Year
2025
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
9/16/2020
Recording Date
9/17/2020
Sales Document #
2020.97125
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$171,072
Return on Investment
15.60%
After Repair Value
$4,863,187
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$3,978,971
Renovation Cost
$221,054
Closing Costs (buying)
$79,579
Holding Costs
$120,719
Selling Costs
$291,791
Total Investment
$1,096,428
After Repair Value (ARV)
$4,863,187
Total Costs
$4,692,115
Estimated Profit
$171,072
Cash Invested
$1,016,848
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
Map Filters
Key Amenities in the Area