CA > Millbrae
Millbrae, CA 94030,432 Richmond DR
Millbrae, CA 94030,432 Richmond DR
Millbrae, CA 94030,432 Richmond DR
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,800,000
Est. payment /mo
6,943 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82012567

HOA Y/N No

Year Built 1969

Annual Tax Amount $30,666

Lot Size 6,943 Sqft

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 699 - Not Defined

Zoning Multifamily Residential

Interior

Heating Electric

Fireplace No

Exterior

Carport Spaces 3

Roof Type Bitumen,Flat

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Mills

School District Other

Others

Tax ID 021432150

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Nate Gustavson Compass

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