440 Millbrae Avenue, Millbrae, California 94030, Millbrae, 94030 - 0 bed, 0 bath
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Millbrae, California 94030
Analysis of 440 Millbrae Avenue, Millbrae, California 94030 is currently available with a list price of $2,650,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Millbrae Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1961, the property is described as well-maintained and the exterior photo shows a clean, updated appearance with manicured landscaping. The fact that it is currently tenant-occupied and marketed as move-in ready for owner-occupants suggests that the kitchen, baths, and systems are functional and have likely seen updates within the 5-15 year range.
High School: Mills High School (9/10).
Situated on the highly desirable west side of Highland Millbrae, the property offers exceptional walkability to downtown shops and restaurants, with rapid access to BART and major commuter arteries including Highways 101 and 280.
The duplex features two rare and spacious 3-bedroom, 2-bathroom units totaling 3,719 square feet, providing significantly higher rental upside and owner-occupant flexibility compared to standard smaller-format multi-family assets.
Constructed in 1961, the building may require substantial capital expenditures for modernizing major systems or aesthetic updates to compete with newer luxury developments in the Peninsula market.
While month-to-month tenancies offer flexibility, the presence of existing occupants in both units necessitates careful navigation of local tenant laws for buyers intending to renovate or occupy a unit themselves.
Tucked away on the highly sought-after west side of the Highland Millbrae neighborhood, this well-maintained and spacious duplex offers an exceptional investment and lifestyle opportunity. Featuring two identical side-by-side units, each residence boasts 3 generously sized bedrooms, 2 full baths, including a private en-suite primary bedroom. Both units are occupied by excellent month-to-month tenants, providing immediate income flexibility. Ideally located within walking distance to vibrant downtown shops, restaurants, and convenient access to BART, Highway 101, and Highway 280. Perfect for owner-occupants looking to live in one unit while generating rental income from the other, or investors seeking a prime Peninsula location with strong long-term upside.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1961 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
May 14, 2026
$2,650,000
Initial Listing
Jun 18, 2015
$2,150,000
Public Record