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$ 2,688,000
Est. payment | /mo
3 Beds
2 Baths
6,390 SqFt
$ 2,688,000
Est. payment | /mo
3 Beds
2 Baths
6,390 SqFt
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
Lot Size 6,944 Sqft
MLS Listing ID ML82032151
Bedrooms 3
Full Baths 2
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
1-purchase type For Sale
Exterior
Garage 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 Sale Not Applicable
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Listed by Nate Gustavson of Compass
Bought with Nate Gustavson of Compass
Bought with Nate Gustavson of Compass
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