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432 RICHMOND Dr, Millbrae, CA 94030
Listing courtesy of: Cameron D Foster, Tri Commercial Brokerage
Sale Pending (MLS-listed)
Listed at: $1,688,000

432 RICHMOND Dr Millbrae, CA 94030

Beds: -
Baths: -
Sq. Ft.: -
Lot Size: 6,944 Sq. Ft.
Stories:2
Year Built: 1969
Community: Telescope Hills/Silva Ranch
County: San Mateo
MLS#: 80937484
Source: MLSListings
Status: Pending Without Release This listing is in escrow, past inspections and waiting for loan funding. "Without Release" indicates that the current buyer doesn't need to sell a home to buy the new home.
On Redfin: 115 days
This is a superb rental location. Residents can walk to community center, Safeway, Trader Joes anchored shopping center, schools, civic center, boutiques, restaurants and public transporation. Seller may carry the first loan. A detailed sales brochure is available.

Laundry Information

  • Coin-Operated Washer/Dryer (Leased)

Building Information

  • # of Units (Total): 6
  • Other Foundation
  • Other Roof (See Remarks)

Multi-Family Information

  • 1 Bedroom Unit(s)
  • 2 Bedroom Unit(s)
  • # of 1 Bed 1 Bath Units: 2
  • Min Size for a 1 Bed 1 Bath Unit: 680
  • Max Size for a 1 Bed 1 Bath Unit: 680
  • Min Rent for a 1 Bed 1 Bath Unit: $1,300
  • Max Rent for a 1 Bed 1 Bath Unit: $1,350
  • # of 2 Bed 1 Bath Units: 4
  • Min Size for a 2 Bed 1 Bath Unit: 900
  • Max Size for a 2 Bed 1 Bath Unit: 925
  • Min Rent for a 2 Bed 1 Bath Unit: $1,350
  • Max Rent for a 2 Bed 1 Bath Unit: $1,600
  • Vacancy Factor: 2
  • Vacancy Amount: 2053
  • Existing Rental Terms: Lease(s) Less than 1 Year

Property Information

  • # of Buildings: 1
  • Zoning: R3

Expense Information

  • Garbage
  • Gardener
  • Gas
  • Insurance
  • Maintenance and Repairs
  • Property Tax
  • Vacancy Factor
  • Water
  • Electric
  • Other (See Remarks)
  • Garbage: $4,449
  • Insurance: $3,372
  • Maintenance: $3,000
  • Utility: $2,440
  • Water/Sewer: $6,458
  • Total: $36,120
  • Owner Pays Garbage
  • Owner Pays Gardener
  • Owner Pays Water
  • Tenant Pays Gas
  • Tenant Pays Electric

Heating & Cooling

  • Central Forced Air Heat

Parking Information

  • Carport(s)

Lot Information

  • Parcel Number: 021-432-150

Community Information

  • 5-12 Units

School Information

  • Elementary District: Millbrae Elementary
  • High School District: San Mateo Union High

Utility Information

  • City/Public Water
  • Sewer in and Connected
  • Individual Electric Meter
  • Individual Gas Meter

Property Features

  • Dishwasher (Some Units)
  • Storage Locker

Location Information

  • Cross Street: Lincoln Circle

Financial Information

  • Tax Amount: $16,400.78
  • Gross Rent Multiplier: 16.44
  • Laundry Income: $660
  • Rental Income: $102,000
  • Net Income: $64,487
  • Gross Scheduled Income: $102,660
  • Gross Annual Income: $100,607
  • Gross Annual Income Includes: Laundry
  • Capitalization Rate: 3.8200000000
  • Financial Information Source: Owner

Listing Information

  • AVM: Allow AVM
  • Commenting: Allow Commenting

Listing last changed

November 13, 2009, 2:54 PM

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Overhead View of 432 RICHMOND Dr, Millbrae, CA 94030

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Property History for 432 RICHMOND Dr

Date Event Price Appreciation Source
Oct 30, 2009 Delisted -- -- Inactive MLSListings #4
Aug 04, 2009 Listed $1,688,000 -- Inactive MLSListings #4
Oct 17, 2005 Sold (Public Records) $1,475,000 -- Public Records

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Public Facts for 432 RICHMOND Dr

Beds: 10
Baths: 6.0
Finished Sqft: 6390
Unfinished Sqft: -
Total Sqft: 6390
Floors: 2
Lot Size: 6,944
Style: Multi-Family (2-4 Unit)
Year Built: 1969
Year Renovated: -
County: San Mateo County
APN: 021432150
Last Updated: November 18, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $896,720
Additions $668,561
Total $1,565,281
Tax (2008) $16,912

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