432 Richmond Drive, Millbrae, CA 94030
Listed by Nate Gustavson • Compass • 415-874-5000
Bought with Matthew Rogers Rogers & Associates
$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

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, 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

Interior

Heating Electric

Cooling Ceiling Fan(s)

Fireplace No

Appliance Refrigerator

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