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432 Richmond Drive, MILLBRAE, CA 94030

(Active)
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Listed by: Nate Gustavson - Compass

432 Richmond Drive, MILLBRAE, CA 94030

$
Active
est.$2,688,000/month.
beds. baths. 6,390 Sqft.

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432 Richmond Drive, MILLBRAE, CA 94030

$2,688,000
Active
est.$2,688,000/month.
beds baths 6,390 Sq.ft.
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Property details for 432 Richmond Drive, MILLBRAE, CA 94030
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.
Broker details: Compass

Listed by: Nate Gustavson
Co-listing Broker: Compass
Co-listing Agent: Cameron Foster
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Property Description

MLS Information

  • Listing: ML82032151
  • Listing Last Modified: 2026-02-02

Property Details

  • Standard Status: Active
  • MLS Status: Active
  • Built in: 1969

Geographic Data

  • County: San Mateo
Features

Interior Features

  • Living area: 6390

Exterior Features

  • Roof type: Flat
  • Pool: None
  • Foundation: Slab, Concrete Perimeter

Parking

    Utilities

    • Sewer: Public Sewer
    • Water: Public
    • Heating: Electric
    Property Information

    Tax Information

    • Tax Annual Amount: $30,501

    Disclaimer

    2023 MLSListings Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than DeLeon Realty are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
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    Home Description

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