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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

New

432 Richmond DR Millbrae, CA 94030

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Wen Guo

wen@wengroup.com +1(650) 817-5000

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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 ML82032151

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, 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

Area Meadow Glen

Zoning Multifamily

Interior

Heating Electric

Cooling Ceiling Fan

Exterior

Parking Features Covered Parking

Utilities Available Public Utilities

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

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES

Elementary Schools 20

10

Hoover Elementary School

Public | KG - 5
9

Green Hills School

Public | KG - 5
9

Franklin Elementary School

Public | KG - 5
9

Lincoln Elementary

Public | KG - 5
9

North Hillsborough School

Public | KG - 5
8

John Muir Elementary

Public | KG - 5
8

Ponderosa Elementary

Public | KG - 5
8

Meadows School

Public | KG - 5
7

Spring Valley School

Public | KG - 5
7

Roosevelt School

Public | KG - 5
6

Rollingwood Elementary

Public | KG - 5
6

El Crystal Elementary School

Public | KG - 5
5

Allen Elementary

Public | KG - 5
5

Lomita Park School

Public | KG - 5
1

Belle Air Elementary

Public | KG - 5
0

Highlands Christian Schools

Private | PK - 8
0

St Veronica Catholic School

Private | KG - 8
0

St Robert Catholic School

Private | KG - 8
0

The Nueva School

Private | PK - 11
0

Our Lady of Angels School

Private | KG - 8

Middle Schools 4

9

Burlingame Intermediate

Public | 6 - 8
9

Crocker Middle School

Public | 6 - 8
7

Taylor Middle School

Public | 6 - 8
5

Parkside Middle School

Public | 6 - 8

High Schools 4

9

Mills High School

Public | 9 - 12
7

Capuchino High School

Public | 9 - 12
1

Peninsula High School

Public | 9 - 12
0

Mercy High School

Private | 9 - 12

School and business data provided by Attom Data.

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Wen Guo

Agent | License ID: 02037634

+1(650) 817-5000

432 Richmond DR Millbrae, CA 94030

Wen Guo

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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432 Richmond DR