432 Richmond DR, Millbrae, CA 94030
- $2,405,000
- 6,390
- SqFt
Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass
Sold listing courtesy of Matthew Rogers from ELI
- Sold Price
- $2,405,000
- List Price
- $2,688,000
- Closing Date
- Apr 10, 2026
- MLS#
- ML82032151
- Status
- SOLD
- Sqft. of Residence
- 6,390
- Lot Size
- 6,944
- Listing Area
- Meadow Glen
- Year Built
- 1969
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.
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Additional Information
- Cooling System
- Ceiling Fan
- Days On Market
- Unknown
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Covered Parking
- Heating System
- Electric
- Living Area
- 6,390
- Lot Size
- 6,944
- Neighborhood
- Meadow Glen
- Other Utilities
- Public Utilities
- Roof
- Bitumen, Flat / Low Pitch
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- Multifamily
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