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    Millbrae, CA
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    Millbrae, CA Apartment Buildings for Sale

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    Multifamily Apartment Portfolio
    Updated: Aug 21
    Multifamily Apartment Portfolio

    472 Lincoln Circle, Millbrae, CA 94030

    $5,900,000
    18,768 sqft
    Four apartment communities totaling 41 units across Millbrae, Redwood City, Concord, and Martinez
    Individual properties range from 8 to 15 units
    San Mateo County sub‑portfolio includes 25 units; Contra Costa County sub‑portfolio includes 16
    Sub‑portfolio go‑to‑market cap rates are 4.94% in San Mateo County and 5.26% in Contra Costa County
    Redwood City property floorplans average about 1,160 square feet per unit
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    See hot listings in Millbrae

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    1 active listing matches your search: Apartment Building for sale in Millbrae, CA. Based on your search, we've also compiled 75 Potential Opportunities for your consideration: 4 properties in nearby cities and 71 off-market properties to explore as potential leads.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Apartment Building
    Five-Unit Apartment Building

    820 Winchester Dr, Burlingame, CA 94010

    $1,698,000
    4,207 sqft

    Occupied multifamily property with a varied unit mix, on-site parking, and access to downtown amenities and major commuter routes.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    731 Rollins Road, Burlingame, CA 94010

    $1,305,683
    3,059 sqft

    Well-maintained multifamily property with covered parking, private storage, and shared laundry facilities.

    View details
    Six-Unit Apartment Building with Garages
    Six-Unit Apartment Building with Garages

    San Mateo, CA 94401

    $2,750,000
    4,586 sqft 0.10 AC lot

    Remodeled residences include private enclosed garage space for each unit.

    View details
    12-Unit Apartment Building
    12-Unit Apartment Building

    San Mateo, CA 94401

    $5,425,000
    4,586 sqft 0.10 AC lot

    The residential property has updated unit interiors and a detached enclosed garage assigned to each apartment.

    View details

    Off-Market Properties in Millbrae, CA

    Consider similar Off-Market properties in Millbrae, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    15 Broadway
    APARTMENT HOUSE (5+ UNITS)

    15 Broadway, Millbrae, CA 94030-3050

    Estimated value:
    $1,570,000
    6,684 sqft 0.19 AC lot
    View details
    424 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    424 Richmond Dr, Millbrae, CA 94030-1637

    Estimated value:
    $4,985,000
    11,820 sqft 0.28 AC lot
    View details
    50 Broadway
    APARTMENT HOUSE (5+ UNITS)

    50 Broadway, Millbrae, CA 94030-2552

    Estimated value:
    $305,000
    5,766 sqft 0.14 AC lot
    View details
    1019 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    1019 Magnolia Ave, Millbrae, CA 94030-1902

    Estimated value:
    $440,000
    11,231 sqft 0.28 AC lot
    View details
    491 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    491 Richmond Dr, Millbrae, CA 94030-1640

    Estimated value:
    $385,000
    8,684 sqft 0.20 AC lot
    View details
    481 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    481 Lincoln Cir, Millbrae, CA 94030-1762

    Estimated value:
    $3,100,000
    10,371 sqft 0.16 AC lot
    View details
    25 Broadway
    APARTMENT HOUSE (5+ UNITS)

    25 Broadway, Millbrae, CA 94030-3051

    Estimated value:
    $340,000
    7,377 sqft 0.19 AC lot
    View details
    440 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    440 Richmond Dr, Millbrae, CA 94030-1644

    Estimated value:
    $3,020,000
    6,831 sqft 0.15 AC lot
    View details
    116 Chadbourne Ave
    APARTMENT HOUSE (5+ UNITS)

    116 Chadbourne Ave, Millbrae, CA 94030-2555

    Estimated value:
    $1,010,000
    5,864 sqft 0.13 AC lot
    View details
    508 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    508 Richmond Dr, Millbrae, CA 94030-1659

    Estimated value:
    $565,000
    6,132 sqft 0.11 AC lot
    View details
    300 Millbrae Ave
    APARTMENT HOUSE (5+ UNITS)

    300 Millbrae Ave, Millbrae, CA 94030

    Estimated value:
    $820,000
    2.57 AC lot
    View details
    483 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    483 Lincoln Cir, Millbrae, CA 94030-1763

    Estimated value:
    $3,480,000
    8,268 sqft 0.16 AC lot
    View details
    394 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    394 Richmond Dr, Millbrae, CA 94030-1749

    Estimated value:
    $3,405,000
    14,030 sqft 0.29 AC lot
    View details
    1007 Hemlock Ave
    APARTMENT HOUSE (5+ UNITS)

    1007 Hemlock Ave, Millbrae, CA 94030-2053

    Estimated value:
    $5,530,000
    12,276 sqft 0.26 AC lot
    View details
    970 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    970 Magnolia Ave, Millbrae, CA 94030-1946

    Estimated value:
    $6,975,000
    11,816 sqft 0.36 AC lot
    View details
    141 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    141 Magnolia Ave, Millbrae, CA 94030-3048

    Estimated value:
    $3,145,000
    6,710 sqft 0.14 AC lot
    View details
    464 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    464 Lincoln Cir, Millbrae, CA 94030-1755

    Estimated value:
    $340,000
    8,110 sqft 0.17 AC lot
    View details
    506 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    506 Richmond Dr, Millbrae, CA 94030-1649

    Estimated value:
    $365,000
    6,806 sqft 0.14 AC lot
    View details
    35 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    35 Magnolia Ave, Millbrae, CA 94030-3039

    Estimated value:
    $495,000
    18,357 sqft 0.32 AC lot
    View details
    422 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)

    422 Lincoln Cir, Millbrae, CA 94030-1759

    Estimated value:
    $640,000
    8,140 sqft 0.17 AC lot
    View details
    362 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)

    362 Richmond Dr, Millbrae, CA 94030-1779

    Estimated value:
    $1,355,000
    14,030 sqft 0.28 AC lot
    View details
    131 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)

    131 Magnolia Ave, Millbrae, CA 94030-3047

    Estimated value:
    $1,760,000
    6,710 sqft 0.14 AC lot
    View details
    4 Berni Ct
    APARTMENT HOUSE (5+ UNITS)

    4 Berni Ct, Millbrae, CA 94030-1437

    Estimated value:
    $3,605,000
    14,832 sqft 0.33 AC lot
    View details

    Millbrae, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Millbrae, CA on our real estate platform. These investment opportunities span a total of 18,768 square feet of properties for sale, with an estimated market value of $5,900,000.

    Sale prices for apartment complexes in Millbrae, CA average $5,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 23K
    Population Growth (5Y) -0.5%
    Median Household Income $157,567
    College Educated 71.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.41%
    Property Tax per SF $7.25 per SF
    Tax Rate vs County Average 0.24 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Mateo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Mateo County

    Retail

    Residential Income

    How Realmo verifies these figures

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