1351 El Camino Real, Millbrae, California 94030, Millbrae, 94030 - 1 bed, 2 bath
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1351 El Camino Real
Millbrae, California 94030
ACTIVE
CONDITION: GOOD
1Beds
2Baths
1,320Sq Ft
0Lot Size
Property Price
LIST PRICE$795,000
EST. MARKET VALUE
$835,807
4% BelowMARKET VALUE
SUMMARY
This Modern Mixed-Use Condominium is a Strong Value Opportunity, listed at $795,000—positioned well below the $835,807 Fair Market Value by 4%. This valuation gap offers $40,807 in Instant Equity for the buyer. Featuring a Good Condition Rating and a versatile 1,320 sq. ft. layout, the property includes a private spa and fitness center. Located near Mills High School (9/10), this asset is ideal for remote professionals or first-time buyers seeking a strategic, transit-oriented lifestyle.
Estimated Market Value
$835,807+$40,807 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Millbrae.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1351 El Camino Real Subject | $795,000* List Price | 1 | 2 | 1,320 | $633 | - |
A 1363 El Camino Real Sold | $865,000 | 1 | 2 | 1,440 | $601 | 0.0 mi |
B 555 Palm Avenue 202 Sold | $1,030,000 | 2 | 2 | 1,461 | $705 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2009, the property is approximately 17 years old, placing it squarely in the 'Good' category. The interior is well-maintained and move-in ready, featuring functional kitchen cabinetry, stainless steel appliances, and clean bathrooms that appear original to the construction but remain in great condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Mills High School (9/10).
- Versatile Live/Work Design
The generous 1,320 sq. ft. flexible layout is thoughtfully designed for both residential living and professional use, making it an ideal choice for entrepreneurs or remote workers.
- Strategic Transit Hub
Perfectly positioned in the heart of Millbrae with immediate access to BART, Caltrain, SFO, and major highways, offering a seamless commute to both San Francisco and Silicon Valley.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $887 is significant and may impact the total monthly carrying costs for budget-conscious buyers or reduce net returns for investors.
- Limited Bedroom Count
Despite the large square footage, the unit only offers one bedroom, which may restrict its appeal to a narrower demographic of single professionals or couples rather than families.
About 1351 El Camino Real
Exceptional live/work opportunity in the heart of Millbrae! Thoughtfully designed and built in 2009, this modern mixed-use condominium offers approximately 1,320 sq. ft. with one bedroom, one-and-a-half bathrooms, in-unit laundry, one indoor parking space, and a separate storage room. The flexible layout is ideal for residential living, a start-up, or a professional workspace. Enjoy outstanding community amenities, including a fitness center, spa, meeting room, clubhouse, and outdoor BBQ area. Conveniently located near downtown Millbrae, shopping, restaurants, and educational centers, with easy access to BART, Caltrain, SamTrans, SFO, and Highways 101 and 280. A sophisticated property connecting San Francisco, Silicon Valley, and the East Bay. An opportunity not to be missed!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2009
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $887.0 / Month
Neighborhood Insights
Millbrae Unified Schools
Green Hills Elementary School
Grades K-5 • 0.4 mi
8/10
Taylor Middle School
Grades 6-8 • 0.8 mi
6/10
Mills High School
Grades 9-12 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.5 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,320 | 1,017.5 |
| Lot Size | - | 780 |
| Price | $795.0K | $846.6K |
| Price per sq ft | $602 | $856 |
| Built year | 2009 | 1996 |
| HOA | $887.0 | $522 |
| Days on market | 11 | 54 |
Pricing History
Listed for Sale
Aug 29, 2026
$795,000
Initial Listing
Sold
Jul 14, 2015
$780,000
Public Record
Sold
Jul 30, 2010
$455,000
Public Record