CA > Millbrae
Millbrae, CA 94030,432 Richmond DR
Millbrae, CA 94030,432 Richmond DR
Millbrae, CA 94030,432 Richmond DR
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Listed by Nate Gustavson • Compass
$2,688,000
Est. payment /mo
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3 Beds
2 Baths
6,390 SqFt
Price Dropped by $112K

432 Richmond DR Millbrae, CA 94030

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

+1(831) 877-2057

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Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,390 sqft

Price per Sqft $420

MLS Listing ID ML82012567

Bedrooms 3

Full Baths 2

Year Built 1969

Lot Size 6,944 Sqft

Property Sub-Type Five or More Units

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

Area Meadow Glen

Zoning Multifamily Residential

Interior

Heating Electric

Cooling Ceiling Fan

Flooring Carpet, Laminate, Tile

Laundry Coin Operated

Exterior

Parking Features Covered Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Bitumen,Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer - Public, Sewer Connected

Water Public

Others

Restrictions None

Tax ID 021-432-150

Security Features None

Special Listing Condition Not Applicable

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The Ruiz Group Real Estate

The Ruiz Group Real Estate

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