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424 Richmond Dr
Millbrae, CA 94030
12 Units | All 2BR-1BA · Multifamily Property For Sale · 12 Units

INVESTMENT HIGHLIGHTS

  • ALL 2-Bedroom Units!
  • One of the strongest locations in the Bay Area
  • Excellent return with income upside, while providing strong appreciation potential

PROPERTY FACTS

No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.28 AC
Building Size 11,820 SF
Average Occupancy 92%
No. Stories 2
Year Built 1968
Parking Ratio 1/1,000 SF
Zoning N/Av, Millbrae

AMENITIES

UNIT AMENITIES

  • Storage Space

SITE AMENITIES

  • Laundry Facilities
  • Recycling
  • Smoke Free

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 12 - 985

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
021-432-170
Land Assessment
$4,161,600
Improvements Assessment
$2,288,880
Total Assessment
$6,450,480
  • Listing ID: 34701703

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 424 Richmond Dr, Millbrae, CA 94030

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