Millbrae, CA 94030 432 Richmond Drive

OPEN HOUSE Thu, Aug 07 2025 11:00 AM - 1:00 PM
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Presented By: Nate Gustavson with Compass; 415-786-9410
  • Contra Costa Association of REALTORS
  • MLS# ML82012567
  • 06/26/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 3
  • SQFT • 6,390

Home Details

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.
Presented By: Nate Gustavson with Compass; 415-786-9410

Interior Features for 432 Richmond Drive

Other Interior Features

Air Conditioning Y/NYes
FlooringLaminate, Tile
Heating Y/NYes
Laundry FeaturesCoin Operated

General for 432 Richmond Drive

AppliancesRefrigerator
CityMillbrae
CoolingCeiling Fan(s)
CountySan Mateo
Garage Y/NNo
HOANo
HeatingElectric
Lot Size Square Feet6944
MLS AreaListing
ModificationTimestamp2025-08-01T22:14:37.700Z
Property SubtypeOther
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Year Built1969
ZoningMult

Exterior for 432 Richmond Drive

Building Area Total6390
Lot Size Acres0.16
Lot Size Area6969.6
Parking FeaturesCovered

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,800,000
MLS#ML82012567
List Date 06/26/2025
Property Type Commercial
Phone 714.742.6515
Request Tour
Request Info
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