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Listed by Nate Gustavson • Compass
$ 2,800,000
Est. payment /mo
Open Thu 11AM-1PM
432 Richmond Drive Millbrae, CA 94030
6,390 SqFt
OPEN HOUSE
Thu Jul 10, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,390 sqft
Price per Sqft $438
MLS Listing ID ML82012567
HOA Y/N No
Year Built 1969
Lot Size 6,944 Sqft
Property Sub-Type Other
Source Datashare MLSListings
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, separate gas & electric meters, carport parking with storage, and on-site laundry with two (2) coin-operated washers & dryers. The seller has already contracted and scheduled with a local plumbing company to have the Sewer Lateral Line Replaced and compliant. 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.
Location
State CA
County San Mateo
Interior
Heating Electric
Cooling Ceiling Fan(s)
Flooring Laminate, Tile
Fireplace No
Appliance Refrigerator
Laundry Coin Operated
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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