432 Richmond Drive, Millbrae, CA 94030
$2,405,000
Est. payment /mo
Est.Price: ?

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6,390 SqFt
SOLD DATE : 04/10/2026

Key Details

Sold Price $2,405,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 6,390 sqft

Price per Sqft $376

MLS Listing ID ML82032151

Sold Date 04/10/26

HOA Y/N No

Year Built 1969

Lot Size 6,944 Sqft

Property Sub-Type Other

Property Description

432 Richmond Drive is a well-maintained 6-unit multifamily investment opportunity located in the heart of Millbrae. This rare offering features a desirable unit mix of four (4) spacious 2-Bed/1-Bath units and two (2) 1-Bed/1-Bath units, with a gross building area of approximately 6,390 square feet on a 6,944 square foot lot. The property benefits from a BRAND NEW ROOF installed in 2025, updated Sewer Lateral Line, separate electric meters, carport parking with storage, and on-site laundry with two (2) coin-operated washers & dryers. Centrally located just blocks from Millbraes vibrant downtown, tenants enjoy close proximity to Safeway, Trader Joes, BART/Caltrain, top-rated San Mateo County schools like Mills and Capuchino High, and an array of shops and restaurants along Broadway. With easy access to SFO, Highway 101, and I-280, this asset offers both strong commuter appeal and long-term value. This is an ideal opportunity for investors seeking a stabilized asset in one of the Peninsulas most sought-after rental markets. Some of the photos in this listing have been digitally altered.

Location

State CA

County San Mateo

Zoning Mult

Interior

Heating Electric

Cooling Ceiling Fan(s)

Fireplace No

Appliance Refrigerator

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 021432150

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Bridge MLS
Listed by Nate Gustavson • Compass
Bought with MatthewRogers

NEARBY SCHOOLS & BUSINESSES

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