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    Millbrae, CA Apartment Buildings for Sale

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    Burlingame, CA San Bruno, CA Pacifica, CA
    Millbrae Value-Add Development Opportunity
    $6,500,000
    7,932 SF

    Millbrae Value-Add Development Opportunity

    105 Chadbourne Avenue, Millbrae, CA 94030

    Two contiguous parcels totaling ±12,000 SF in Millbrae, California.

    • Prime location in Millbrae, a highly desirable and supply‑constrained Bay Area market.
    • Value‑add and development opportunity with two contiguous parcels totaling ±12,000 SF.
    • Includes an 8‑unit apartment building and an adjacent single‑family home (9 units total, 100% occupied).
    • Potential to capitalize on California's pro‑housing legislation.
    • Stable cash flow with substantial long‑term appreciation potential.
    Updated: Apr 14
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 1 Active listings in Millbrae, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    San Mateo Multifamily Investment Opportunity
    $2,395,000

    San Mateo Multifamily Investment Opportunity

    Fully occupied two-bedroom units with upside potential in San Mateo.

    640 N El Camino Real, San Mateo, CA 94401
    View details
    San Mateo Multifamily Investment Opportunity
    $2,395,000
    4,686 SF

    San Mateo Multifamily Investment Opportunity

    Fully occupied two-bedroom units with upside potential in San Mateo.

    640 El Camino Real, San Mateo, CA 94401
    View details
    Burlingame Mixed-Use Investment Opportunity
    $3,798,000
    6,318 SF

    Burlingame Mixed-Use Investment Opportunity

    Mixed-use property with residential and commercial units in prime location.

    Edgehill Drive, Burlingame, CA 94010
    View details
    Commercial
    $16,498,000
    23,075 SF

    Commercial

    Apartment buildings · 23,075 SF

    1775 Marco Polo Way, Burlingame, CA 94010
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land Opportunity
    $2,250,000
    89,438.00 Acres

    Prime Commercial Land Opportunity

    2+ acres of commercially zoned land with freeway exposure.

    31426 The Old Road N, Castaic, CA 91384
    View details
    Lancaster Corner Lot Investment Opportunity
    $350,000
    7,509.00 Acres

    Lancaster Corner Lot Investment Opportunity

    0.17-acre corner lot in Lancaster with development potential.

    0 Newgrove Street, Lancaster, CA 93534
    View details
    Land in Picfair Village
    $1,495,000
    0.16 Acres

    Land in Picfair Village

    Vacant land approved for 20-unit multifamily project in prime location.

    1562 S Fairfax Ave, Los Angeles, CA 90019
    View details
    Silver Lake Affordable Housing Development
    $2,350,000
    0.18 Acres

    Silver Lake Affordable Housing Development

    Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

    1108 Manzanita St, Los Angeles, CA 90029
    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)
    6,684 SF Lot: 0.19 Acres
    Estimated value
    $1,570,000

    15 Broadway, Millbrae, CA 94030-3050

    View details
    424 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    11,820 SF Lot: 0.28 Acres
    Estimated value
    $4,985,000

    424 Richmond Dr, Millbrae, CA 94030-1637

    View details
    50 Broadway
    APARTMENT HOUSE (5+ UNITS)
    5,766 SF Lot: 0.14 Acres
    Value Estimation by Request

    50 Broadway, Millbrae, CA 94030-2552

    View details
    1019 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)
    11,231 SF Lot: 0.28 Acres
    Estimated value
    $710,000

    1019 Magnolia Ave, Millbrae, CA 94030-1902

    View details
    491 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    8,684 SF Lot: 0.20 Acres
    Estimated value
    $610,000

    491 Richmond Dr, Millbrae, CA 94030-1640

    View details
    481 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)
    10,371 SF Lot: 0.16 Acres
    Estimated value
    $3,100,000

    481 Lincoln Cir, Millbrae, CA 94030-1762

    View details
    25 Broadway
    APARTMENT HOUSE (5+ UNITS)
    7,377 SF Lot: 0.19 Acres
    Value Estimation by Request

    25 Broadway, Millbrae, CA 94030-3051

    View details
    440 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    6,831 SF Lot: 0.15 Acres
    Estimated value
    $3,020,000

    440 Richmond Dr, Millbrae, CA 94030-1644

    View details
    116 Chadbourne Ave
    APARTMENT HOUSE (5+ UNITS)
    5,864 SF Lot: 0.13 Acres
    Estimated value
    $1,010,000

    116 Chadbourne Ave, Millbrae, CA 94030-2555

    View details
    508 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    6,132 SF Lot: 0.11 Acres
    Estimated value
    $565,000

    508 Richmond Dr, Millbrae, CA 94030-1659

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    300 Millbrae Ave
    APARTMENT HOUSE (5+ UNITS)
    Lot: 2.57 Acres
    Estimated value
    $820,000

    300 Millbrae Ave, Millbrae, CA 94030

    View details
    483 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)
    8,268 SF Lot: 0.16 Acres
    Estimated value
    $3,530,000

    483 Lincoln Cir, Millbrae, CA 94030-1763

    View details
    394 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    14,030 SF Lot: 0.29 Acres
    Estimated value
    $3,405,000

    394 Richmond Dr, Millbrae, CA 94030-1749

    View details
    1007 Hemlock Ave
    APARTMENT HOUSE (5+ UNITS)
    12,276 SF Lot: 0.26 Acres
    Estimated value
    $5,240,000

    1007 Hemlock Ave, Millbrae, CA 94030-2053

    View details
    970 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)
    11,816 SF Lot: 0.36 Acres
    Estimated value
    $6,025,000

    970 Magnolia Ave, Millbrae, CA 94030-1946

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    141 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)
    6,710 SF Lot: 0.14 Acres
    Estimated value
    $2,920,000

    141 Magnolia Ave, Millbrae, CA 94030-3048

    View details
    464 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)
    8,110 SF Lot: 0.17 Acres
    Value Estimation by Request

    464 Lincoln Cir, Millbrae, CA 94030-1755

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    506 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    6,806 SF Lot: 0.14 Acres
    Estimated value
    $560,000

    506 Richmond Dr, Millbrae, CA 94030-1649

    View details
    35 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)
    18,357 SF Lot: 0.32 Acres
    Estimated value
    $1,035,000

    35 Magnolia Ave, Millbrae, CA 94030-3039

    View details
    422 Lincoln Cir
    APARTMENT HOUSE (5+ UNITS)
    8,140 SF Lot: 0.17 Acres
    Estimated value
    $640,000

    422 Lincoln Cir, Millbrae, CA 94030-1759

    View details
    362 Richmond Dr
    APARTMENT HOUSE (5+ UNITS)
    14,030 SF Lot: 0.28 Acres
    Estimated value
    $1,280,000

    362 Richmond Dr, Millbrae, CA 94030-1779

    View details
    131 Magnolia Ave
    APARTMENT HOUSE (5+ UNITS)
    6,710 SF Lot: 0.14 Acres
    Estimated value
    $1,670,000

    131 Magnolia Ave, Millbrae, CA 94030-3047

    View details
    4 Berni Ct
    APARTMENT HOUSE (5+ UNITS)
    14,832 SF Lot: 0.33 Acres
    Estimated value
    $3,605,000

    4 Berni Ct, Millbrae, CA 94030-1437

    View details

    Millbrae, CA Apartment Buildings Investment Opportunities Market Analysis

    Explore 72 apartment buildings for sale in Millbrae, CA on our real estate platform. These investment opportunities span a total of 7,932 square feet of properties for sale, with an estimated market value of $6,500,000.

    Sale prices for two-family homes in Millbrae, CA start at $6,500,000, averaging $6,500,000, and reaching up to $6,500,000 — 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%

    High-Yield Neighborhoods for Investment

    Identify Millbrae submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    94030 $6.5M

    Taxes & Financing

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

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