460 Hazel Avenue, Millbrae, California 94030, Millbrae, 94030 - 5 bed, 3 bath

460 Hazel Avenue, Millbrae, California 94030 home-pic-0

460 Hazel Avenue

Millbrae, California 94030

ACTIVE
CONDITION: GOOD
5Beds
3Baths
3,275Sq Ft
7,351Lot Size

Property Price

LIST PRICE$2,788,000
EST. MARKET VALUE
$3,018,472
7% BelowMARKET VALUE

SUMMARY

Analysis of 460 Hazel Avenue, Millbrae, California 94030 reveals a Prime Investment Opportunity with a current list price of $2,788,000—significantly undercutting the $3,018,472 Fair Market Value by 7%. This valuation gap indicates a +$230,472 Instant Equity potential for buyers. 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.

Estimated Market Value

$3,018,472 +$230,472 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Millbrae.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
460 Hazel Avenue
Subject
$2,788,000*
List Price
533,275$922-
A
818 Crestview Drive
Sold
$3,060,000433,235$9461.0 mi
B
12 Dexter Place
Sold
$2,380,000432,240$1,0630.3 mi
C
25 Bertocchi Lane
Sold
$2,700,000432,464$1,0960.9 mi
D
508 Juanita Avenue
Pending
$1,988,000
List Price
532,450$8110.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

This 1936 Tudor-style home is in move-in ready condition, benefiting from significant modern updates that blend well with its architectural character. The kitchen features new stone countertops, refreshed cabinetry, and high-end stainless steel appliances, including a professional-grade range. The bathrooms have been updated with contemporary tiling, glass enclosures, and modern vanities. Throughout the home, the hardwood flooring appears well-maintained, complemented by recessed lighting and updated fixtures. While the structure is older, the interior finishes and systems appear well-maintained and functional, requiring no immediate renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Mills High School (9/10).

  • Versatile Multi-Level Layout

    The expansive 3,275 sqft floor plan features a dedicated attic retreat and a finished lower level, providing exceptional flexibility for multi-generational living, a home office, or guest suites.

  • Prime Location and Schools

    Situated in a highly desirable Millbrae neighborhood, the home offers proximity to top-rated institutions like Mills High School (9/10 rating) and convenient access to major Silicon Valley commute corridors.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3275, other record living area = 2032. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

  • Potential Age-Related Maintenance

    Given the home's 1936 construction, buyers should anticipate potential long-term maintenance requirements associated with older infrastructure and systems typical of the era.

  • Complex Vertical Navigation

    The multi-level design, spanning from a lower level to an attic retreat, may pose accessibility challenges for some residents or feel less cohesive than a traditional two-story or ranch-style layout.

About 460 Hazel Avenue

Located on a tree-lined street in a welcoming, family-friendly neighborhood, this storybook Tudor-style residence offers 5 bedrooms and 3 full bathrooms across a versatile multi-level floor plan designed for todays lifestyle. The main level features a spacious living room with a fireplace, a formal dining room, and a beautifully connected kitchen with new countertops and refreshed cabinetry. The kitchen flows seamlessly to a generous deck overlooking the lush backyard, ideal for indoor-outdoor living and entertaining. Natural light and classic architectural details blend effortlessly with modern updates throughout. Upstairs, 2 well-proportioned bedrooms share a full hallway bathroom, creating a comfortable bedroom wing. An upper-level attic retreat, complete with a bedroom, full bath, and expansive play or flex space adds versatility for guests or recreation. The lower level includes a spacious 4th bedroom and a 5th bedroom currently used as a private office, along with an additional flex space and full bathroom, ideal for remote work, fitness, media, or extended living. The yard features fruit trees and a grass lawn for outdoor enjoyment. Ideally situated in Millbrae, the home offers convenient access to top-rated schools, parks, shopping, dining, and major commute routes.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1936
Lot Size
7,351 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Millbrae Unified Schools

Taylor Middle School

Grades 6-8 • 0.2 mi

6/10

Mills High School

Grades 9-12 • 0.7 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
93%
Baths3.02.0
55%
Square foot3,2751,770
97%
Lot Size7,3515,800
66%
Price$2.79M$2.15M
83%
Price per sq ft$851$1.2K
3%
Built year19361953
3%
HOA$0$0
50%
Days on market8134
7%

Pricing History

Listed for Sale

Feb 27, 2026

$2,788,000

Initial Listing

Sold

Jul 8, 2021

$2,890,000

Public Record

Sold

May 17, 2013

$1,468,000

Public Record

Sold

Sep 14, 2006

$1,400,000

Public Record

Sold

Feb 2, 2006

$1,000,000

Public Record

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