No photo
432 Richmond Drive Millbrae, CA $ 2,688,000
432 Richmond Drive
$ 2,688,000
Recently Listed
Share Save

432 Richmond Drive

Millbrae, CA, 94030
$ 2,688,000
Bedrooms3 Baths-- Sq 6,390

Monthly Estimate*

$ 16,550

Commercial Property for sale in Millbrae, CA

for $2,688,000 with 3 bedrooms. This 6,390 square foot building was built in 1969 on a lot size of 0.159412.

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.

See more

Commercial Active

Price

$ 2,688,000

Bedrooms

3

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.159412

Year Built

1969

Town/City

Millbrae

County/Region

San Mateo

MLS | Web ID

ML82032151

Features
General
Living Area 6390
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s)
Appliances Refrigerator
Zoning Mult
Year Built 1969
Property Subtype Other
County San Mateo
Property Type Commercial Sale
HOA N
Garage Y/N No
Status Active
City Millbrae
MLS Area Listing
Lot Size Square Feet 6944
Standard Status Active
See more
Exterior
Parking Features Covered
Lot Size Area 6944
Building Area Total 6390
Lot Size Acres 0.1594
See more
Interior
Air Conditioning Y/N Yes
Heating Y/N Yes
See more
Internal Only
Street Number 1 432
See more
* Excluded Features
List By
Nate Gustavson

Listing Agent

Compass

Broker

nate@gustavsongroup.com

Email

Affordability Calculator

$16,550
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,550
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/22/2026$2,688,000 Listed Price

Map


See all

432 Richmond Drive, Millbrae, CA, 94030 is a Commercial Property for sale at $2,688,000 with 6,390 sqft and a lot size of 0.159412. 432 Richmond Drive has 3 bedroomsThe property's zip code is 94030 which is in Millbrae, CA