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Financial
Distress signals
Property profile

840 El Camino Real Millbrae, CA 94030

OFF-MARKET
Other apartment buildings
Property ID
US10-2947225
4,410 SF 0.12 ac lot Built 1952
Last sale Apr 2023 · $2,480,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a six-unit multifamily building located along El Camino Real in Millbrae. It contains six oversized studio units, each approximately 700–750 square feet. The building is fully occupied, and tenants are responsible for their own PG&E, which can support lower landlord operating expenses. The property’s unit configuration and current occupancy provide a basis for rental income, with one unit historically rented below market value, indicating potential to adjust rents within the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$35k
Tax billed · 2024
Assessed value$2.53M
Assessed land$1.43M
Assessed improvement$1.10M
Effective rate1.39%

Value estimate

· Oct 2026
$2.86M
$2.57M – $3.14M
AI approach$2.86M
CAP approach$1.85M
Submarket $/SF estimate$1.95M

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$331/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$96 – $442
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN MATEO

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic9.0
Tech Support Center8.7
Shoe Repair8.7

Location

840 El Camino Real Millbrae, CA 94030-2032
County assessor Recorded deeds · 9 transfers 24 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
508 Richmond, Millbrae, CA 94030-1659 $565,000 Apr 2024 6,132 SF
141 Magnolia, Millbrae, CA 94030-3048 $2,730,000 Aug 2023 6,710 SF
510 Richmond, Millbrae, CA 94030-1658 $2,800,000 Sep 2022 6,132 SF
1460 Magnolia, Millbrae, CA 94030-1337 $225,000 Aug 2022 6,055 SF
432 Richmond, Millbrae, CA 94030-1638 $400,000 Apr 2022 6,390 SF
200 Millwood, Millbrae, CA 94030-1300 $2,630,000 Sep 2020 3,956 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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