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.
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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$68,352
TurboHome Estimated Value
$3,678,400
$576 sqft
High Valuation
$3,862,320
$604/sqft
Normal Valuation
$3,678,400
$576/sqft
Low Valuation
$3,494,480
$547/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $576/sqft | $3,678,400 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$2.75M
$2.80M
168 Santa Clara Ave, San Bruno, CA 94066
Sale Price: $2,750,000
Selected Comparable
432 Richmond Dr, Millbrae, CA 94030
List Price: $2,800,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT432 Richmond Dr, Millbrae, CA 94030
List: $2,800,000
Listed: 6/26/2025
Area:6,390 sqft
Price/sqft:$438
Beds:10
Baths:—
Year Built:—
Lot Size:6,944
Comparable Properties
COMPARABLEChoose comps
168 Santa Clara Ave, San Bruno, CA 94066
Sale: $2,750,000
7/23/2024 • 0.88 mi
Area:8,866 sqft
Price/sqft:$310
Beds:10
Baths:—
Year Built:—
Weight:100.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
432 Richmond Dr, Millbrae, CA 94030 | $2,800,000 | 6,390 | $438 | 6,944 | — | 6/26/2025 | 10 | — | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
168 Santa Clara Ave, San Bruno, CA 94066 | $2,750,000 | 8,866 | $310 | 8,763 | 0.88 mi | 7/23/2024 | 10 | — | — | 100.0% |
Nearby Listings
No similar properties found in the area
Looking for properties within 5 miles with similar price and features
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