440 Millbrae Avenue Millbrae, CA ^$ 2,650,000

440 Millbrae Avenue

^$ 2,650,000

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Recently Listed

440 Millbrae Avenue

Millbrae, CA, 94030

^$ 2,650,000

Studio Baths0.0 Sq 3,719

Monthly Estimate*

^$ 16,317

Listed by KW Advisors

440 Millbrae Avenue, Millbrae, CA 94030 - Image 1

440 Millbrae Avenue, Millbrae, CA 94030 - Image 2

Studio

Multi-Family Home for sale in Millbrae, CA

for $2,650,000. This 3,719 square foot home was built in 1961 on a lot size of 0.1377.

Tucked away on the highly sought-after west side of the Highland Millbrae neighborhood, this well-maintained and spacious duplex offers an exceptional investment and lifestyle opportunity. Featuring two identical side-by-side units, each residence boasts 3 generously sized bedrooms, 2 full baths, including a private en-suite primary bedroom. Both units are occupied by excellent month-to-month tenants, providing immediate income flexibility. Ideally located within walking distance to vibrant downtown shops, restaurants, and convenient access to BART, Highway 101, and Highway 280. Perfect for owner-occupants looking to live in one unit while generating rental income from the other, or investors seeking a prime Peninsula location with strong long-term upside.

Multi-Family Active

Price

^$ 2,650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 33,000

Style

Lot Size

0.1377

Year Built

1961

Town/City

Millbrae

County/Region

San Mateo

MLS | Web ID

ML82043873

Days on Market

Features

General

Living Area 3719

Sewer Public Sewer

Heating Fireplace(s)

Cooling None

Roof Composition

Zoning R20000

Garage Spaces 4

Year Built 1961

Property Subtype Duplex

Accessibility Parking

County San Mateo

Insurance Expense 2539

Property Type Residential Income

HOA false

MaintenanceExpense 1000

Garage Y/N true

Special Listing Conditions Standard

Status Active

City Millbrae

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 6000

Carport Spaces 0

Tax Annual Amount 33000

Trash Expense 0

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Property Sub Type Additional Duplex

Cap Rate 2.69

Interior

Total Stories 2

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Total Parking 2

Lot Size Area 6000

Number of Buildings 1

Building Area Total 3719

Lot Size Acres 0.1377

Lot Size Source Assessor

* Excluded Features

List By

Kw Advisors

Broker

serenaleicpa@gmail.com

Affordability Calculator

$19,067

Per Month

Monthly Principal & Interest: $16,317
Monthly Property Taxes: $2,750
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Millbrae, CA

Average List Price ^$2,124,000

Percent of Sale Price 20%

About Millbrae, CA

22,865 Population

10% Since 2002

^$103,067 Median Income

45.74 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/14/2026	$2,650,000		Listed Price

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440 Millbrae Avenue, Millbrae, CA, 94030 is a Multi-Family Home for sale at $2,650,000 with 3,719 sqft and a lot size of 0.1377. 440 Millbrae Avenue is a studio with 0.0 baths and was built in 1961. The property's zip code is 94030 which is in Millbrae, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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440 Millbrae Avenue

Multi-Family Home for sale in Millbrae, CA

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