555 Palm Avenue 207, Millbrae, California 94030, Millbrae, 94030 - 2 bed, 2 bath
ACTIVE$990,000
555 Palm Avenue 207, Millbrae, California 94030
2Beds
2Baths
1,537Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Premier Location & Walkability: Situated in the highly desirable lower Millbrae Highlands, offering exceptional walkability to Downtown Millbrae's shops, restaurants, and services, and immediate access to Millbrae Central Park.
Top Cons:
High Monthly Association Fees: The $750.0 monthly association fee is substantial and will significantly add to the overall cost of ownership.
Compared to the nearby listings
Price:$990.0K vs avg $803.4K (+$186,600)73%
Size:1,537 sqft vs avg 1,150 sqft82%
Price/sqft:$644 vs avg $64450%
More Insights
Built in 1975 (50 years old).
Condition: Built in 1975, this property presents a mix of updated and dated features. While some areas like the living room (recessed lighting) and one bathroom (modern vanity, tile) show signs of recent updates, the kitchen appears significantly dated with older wood cabinets, white appliances, and tile countertops. The master bathroom vanity and light fixtures are also outdated, and the main living areas feature older carpeting and a 70s-style stone fireplace. The property is functional and maintained but requires substantial cosmetic updates, especially in the kitchen and some bathroom elements, to align with current styles and standards.
Year Built
1975
Close
-
List price
$990K
Original List price
$990K
Price/Sqft
$644
HOA
$750
Days on market
-
Sold On
-
MLS number
ML82022653
Home ConditionFair
Features
Good View:
Deck
Pool
Spa
View
About this home
This 2 bedroom 2 bath one level unit is located in the highly desirable lower Millbrae Highlands neighborhood, this spacious condo is in the heart of Millbrae. Next to Millbrae Central Park has playgrounds, tennis courts, and sports fields. This unit is uniquely situated walking distance to Downtown Millbrae with numerous stores, restaurants, the library, city hall and more. This resort-like complex features a community pool, jacuzzi, exercise room, sauna, card room and social community room to host events which has a kitchen area. This unit has a private balcony with pool and jacuzzi views. Open concept floor plan which includes a large living room and family room, separate dining area and plenty of light! 1 car assigned parking in an underground common secured garage and a private storage unit. This is a must see! Easy access to BART/Caltrain & freeways.
Condition Rating
Fair
Built in 1975, this property presents a mix of updated and dated features. While some areas like the living room (recessed lighting) and one bathroom (modern vanity, tile) show signs of recent updates, the kitchen appears significantly dated with older wood cabinets, white appliances, and tile countertops. The master bathroom vanity and light fixtures are also outdated, and the main living areas feature older carpeting and a 70s-style stone fireplace. The property is functional and maintained but requires substantial cosmetic updates, especially in the kitchen and some bathroom elements, to align with current styles and standards.
Pros & Cons
Pros
Premier Location & Walkability: Situated in the highly desirable lower Millbrae Highlands, offering exceptional walkability to Downtown Millbrae's shops, restaurants, and services, and immediate access to Millbrae Central Park.
Extensive Resort-Style Amenities: The complex provides a luxurious lifestyle with a community pool, jacuzzi, exercise room, sauna, card room, and a social community room for residents.
Excellent Commuter Access: Boasts convenient and easy access to major transportation hubs including BART, Caltrain, and freeways, making it ideal for Bay Area commuters.
Spacious & Bright Open Floor Plan: Features a generous 1537 sqft one-level layout with an open concept, large living and family rooms, a separate dining area, and abundant natural light throughout.
Private Balcony, Parking & Storage: Includes a private balcony offering pleasant pool and jacuzzi views, complemented by one assigned underground secured parking space and a private storage unit.
Cons
High Monthly Association Fees: The $750.0 monthly association fee is substantial and will significantly add to the overall cost of ownership.
Building Age & Potential for Dated Unit: Built in 1975, the building is older, and while the unit is spacious, the description does not specify recent interior renovations, suggesting potential for dated finishes or systems within the unit.
Limited Parking for Multi-Car Households: The unit comes with only one assigned underground parking space, which could be a limitation for households with more than one vehicle or for guest parking.