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    Millbrae, CA
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    Millbrae, CA Multifamily Properties for Sale

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    Burlingame, CA San Bruno, CA Pacifica, CA
    Side-by-Side Duplex with Month-to-Month Tenants
    $2,650,000
    3,719 SF
    Side-by-Side Duplex with Month-to-Month Tenants

    440 Millbrae AVE, Millbrae, CA 94030

    Two identical side-by-side 3-bedroom, 2-bath units with month-to-month tenants offer flexible rental income potential.
    • Duplex with two identical side‑by‑side units
    • Each unit has 3 bedrooms and 2 full bathrooms, including a private en‑suite primary bedroom
    • Both units are currently occupied by month‑to‑month tenants
    • Year built: 1961
    • Central forced‑air heating with natural gas; fireplace(s) present
    Updated: May 31
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    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 2 Active listings in Millbrae, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 70 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.

    Versatile Building Near Caltrain
    $1,999,999
    Versatile Building Near Caltrain

    Adaptable building suitable for office, school, medical, or residential use.

    422-426 Peninsula Ave, 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 Triplex Investment Opportunity
    $1,899,999
    0.13 Acres
    Burlingame Triplex Investment Opportunity

    Fully leased triplex in prime Burlingame location.

    824 El Camino Real, 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.

    Ready-to-Build Land in Boulder Creek
    $395,000
    4.32 Acres
    Ready-to-Build Land in Boulder Creek

    Private 4+ acre property with approved plans and utilities.

    830 Kings HWY, Boulder Creek, CA 95006

    View details
    Clearlake Land/Lot Opportunity
    Contact for pricing
    5,663.00 Acres
    Clearlake Land/Lot Opportunity

    Three adjoining lots near Pomo school, ideal for manufactured home.

    3519 Covelo Street, Clearlake, CA 95422

    View details
    Lakeport Multi-Unit Waterfront Property
    $940,000
    1,900 SF
    Lakeport Multi-Unit Waterfront Property

    Waterfront multi-unit property with income potential in Lakeport, California.

    2776 Lakeshore, Lakeport, CA 95453

    View details
    Mountain View Acreage in Berry Creek
    $125,000
    295,772.40 Acres
    Mountain View Acreage in Berry Creek

    6.79 acres of terraced land with mountain views.

    374 Jatko, Berry Creek, CA 95916

    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

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    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

    View details
    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

    View details
    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

    View details
    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

    Millbrae, CA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Millbrae, CA on our real estate platform. These investment opportunities span a total of 11,651 square feet of properties for sale, with an estimated market value of $9,150,000.

    Sale prices for multifamily properties in Millbrae, CA start at $2,650,000, averaging $4,575,000, 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.

    List
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    Top Commercial Asset Segments

    Apartment buildings 1
    Duplexes 1

    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%

    Listings Trend

    Total CRE Area on Market Trend

    Average Price per SF — Retail

    Average Price per SF — Residential Income

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