---
listing_id: ML82032151
status: Closed
price: 2405000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 6390
sqft_lot: 6944
lot_acres: 
year_built: 1969
property_type: Residential Income
property_subtype: 
address: "432 Richmond Dr"
city: Millbrae
state: CA
zip: 94030
county: "San Mateo County"
lat: 37.600964
lng: -122.402293
days_on_market: 84
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Nate Gustavson"
list_office: "Compass"
list_agent_phone: "(415) 786-9410"
list_agent_license: 01898316
mls_source: MLSL
modified: 2026-04-11
transaction_type: recentlySold
---

Home | San Mateo County | Millbrae | 94030 | 432 Richmond Dr

432 Richmond Dr, Millbrae, CA 94030

MLS: ML82032151 | Status: | Price: $2,405,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
6,390 6,944 1969

Remarks

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.

MLS Listing Information

Field Value
MLS # ML82032151
MLS Source MLSListings, Inc.

Features

Interior Features

Feature Details
Cooling Ceiling Fan
Heating Electric

Exterior Features

Feature Details
Roof Flat, Bitumen
Foundation Concrete Perimeter and Slab

Parking, School, and Other Information

Feature Details
Garage/Parking Covered Parking, Garage: 0 Car(s)
Elementary District Millbrae Elementary
High School District San Mateo Union High
Sewer Public Sewer
Water Public
Zoning Multifamily

Contact Information

Listing Agent Co-Listing Agent
Nate Gustavson Cameron Foster
Compass
License #: 01898316 License #: 00972394
Phone: (415) 786-9410 Phone: (415) 699-6168

Property Units

# Buildings # Leased Units # Total Units
1 5 6

Unit Details

Type Sq Ft Beds Baths Min Rent Max Rent Units Like This
1 907 2 1/0 $1,950 $2,150 4
2 680 1 1/0 $2,175 $2,350 2

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Taylor Middle School public 6-8 0.18 mi 8
Green Hills Elementary School public K-5 0.32 mi 10
Capuchino High School public 9-12 0.68 mi 7
Lomita Park Elementary School public K-5 0.74 mi 5
Mills High School public 9-12 0.82 mi 10
Meadows Elementary School public K-5 0.94 mi 9
Spring Valley Elementary School public K-5 0.95 mi 10
Franklin Elementary School public K-5 1.14 mi 10
Burlingame Intermediate School public 6-8 1.27 mi 10
Parkside Intermediate School public 6-8 1.42 mi 5
Lincoln Elementary School public K-5 1.59 mi 8
Belle Air Elementary School public K-5 1.65 mi 3
Allen (Decima M.) Elementary School public K-5 1.78 mi 6
Peninsula High public 9-12 1.82 mi N/A
Peninsula High (Continuation) public 9-12 1.82 mi 4
John Muir Elementary School public K-5 1.99 mi 9
Hoover Elementary public K-5 2.02 mi 8
BSD Preschool public UG 2.31 mi N/A
Roosevelt Elementary School public K-5 2.35 mi 6
McKinley Elementary School public K-5 2.89 mi 8

Disclosures

©2026 MLSListings Inc. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of April 11, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410.