424 Richmond Dr
Description
- Listed by Mitchell Zurich • DRE #01870648 • Brokerage DRE #01240999 • Marcus & Millichap • 408-888-9594
- Listed by Joshua Johnson • DRE #01930127 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 424 Richmond Drive
Property Details for 424 Richmond Drive
| Status | Sold |
|---|---|
| MLS # | ML81992628 |
| Days on Compass | 24 |
| Taxes | $75,477 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family 5+ |
| MLS Type | 5+ Units / Five or More Units |
| Year Built | 1968 |
| Lot Size | 0.28 AC / 12,320 SF |
| County | San Mateo County |
Location
Sold By Marcus & Millichap, Mitchell Zurich, DRE #01870648
Building Information for 424 Richmond Drive
Payment Calculator
$30,098 per month
30 year fixed, 6.15% Interest
$23,809
$6,290
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1Property Information for 424 Richmond Drive
- Fireplace: No
- Living SqFt: 11820
- Pool: No
- Security Features: None
- Special Features: None
- Cooling: None
- Heating: Other
- Meters: Master Water, Separate Electric, Separate Gas
- Sewer Septic: Sewer Connected
- Utilities: Individual Electric Meters
- Water: Water On Site
- Carport Min: 12
- Garage and Parking: Covered Parking
- HOA Exists: 0
- HOA Fee: $0
- Min Num Of Units in Complex: 12
- Area Text: Meadow Glen
- Restrictions: None
- Roof: Composition, Flat / Low Pitch
- Subclass: Five or More Units
- Year Built Source: Assessor
- Street Number: 424
- Street Name: Richmond
- Street Suffix: Drive
- Area ID: 486
- Number of Buildings: 1
- Structure SqFt: 11820
- Structure SqFt Source: Assessor
- Age: 57
- Ownership Type: Trust
- Zoning Detail: Apartments
- City Limits: Yes
- Incorporated: Yes
- Parcel Number: 021-432-170
- County Name: San Mateo
- City Name: MILLBRAE
- City Postal ID: 34
- Postal Code: 94030
- Elementary School District: 932
- High School District Text: San Mateo Union High
- Foundation: Concrete Perimeter and Slab
- Lot Acres: .28
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Lot Size Source: Assessor
- No Of Leased: 11
- Annual Tax Amount: $75,477
- Capitalization Rate: 4.31
- Tenant Expenses: Utilities - Electric
- Income Includes: Other
- Vacancy Factor: 3
- Expense Insurance: $12,000
- Expense Landscape: $1,680
- Expense Maintenance: $7,800
- Expense Management: $0
- Expense Trash: $18,000
- Expenses Other: $0
- Expenses Utility: $13,440
- Expenses Total: $128,397
- Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities, Vacancy Factor, Other
- Gross Rent Multiplier: 14.30
- Income Annual Gross: $352,750
- Income Annual Rental: $357,660
- Income Gross Scheduled: $363,660
- Income Other: $6,000
- Unit 1 Full Bathrooms: 1
- Unit 1 Number of Bedrooms: 2
Property History for 424 Richmond Drive
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 29, 2025 | Sold EBRD #ML81992628 | $4,885,000 | — |
| Apr 29, 2025 | Sold MLSListings #ML81992628 | $4,885,000 | — |
| Apr 21, 2025 | Sold (Public Record) Public Record #1557746958 | $4,885,000 | +7.3% / yr |
| Feb 27, 2025 | Pending MLSListings #ML81992628 | — | |
| Feb 27, 2025 | Pending EBRD #ML81992628 | — | |
| Feb 27, 2025 | Contingent - Show MLSListings #ML81992628 | — | |
| Feb 3, 2025 | Listed (Active) EBRD #ML81992628 | $5,200,000 | — |
| Feb 3, 2025 | Listed (Active) MLSListings #ML81992628 | $5,200,000 | — |
| Dec 31, 2012 | Sold RESFAR #81229405 | $3,300,000 | — |
| Dec 31, 2012 | Sold EBRD #ML81229405 | $3,300,000 | — |
| Dec 31, 2012 | Sold MLSListings #ML81229405 | $3,300,000 | — |
| Dec 28, 2012 | Sold (Public Record) Public Record #345219776 | $2,060,591 | -2.2% / yr |
| Sep 6, 2012 | Pending MLSListings #ML81229405 | — | |
| Sep 6, 2012 | Pending EBRD #ML81229405 | — | |
| Sep 6, 2012 | Pending RESFAR #81229405 | — | |
| Aug 6, 2012 | Listed (Active) EBRD #ML81229405 | $3,590,000 | — |
| Aug 6, 2012 | Listed (Active) RESFAR #81229405 | $3,590,000 | — |
| Aug 6, 2012 | Listed (Active) MLSListings #ML81229405 | $3,590,000 | — |
| Feb 12, 2004 | Sold (Public Record) Public Record #130237705 | $2,500,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/29/2025 | Sold EBRD #ML81992628 | $4,885,000 |
| 04/29/2025 | Sold MLSListings #ML81992628 | $4,885,000 |
| 04/21/2025 | Sold (Public Record) Public Record #1557746958 | $4,885,000 +7.3% / yr |
| 02/27/2025 | Pending MLSListings #ML81992628 | — |
| 02/27/2025 | Pending EBRD #ML81992628 | — |
| 02/27/2025 | Contingent - Show MLSListings #ML81992628 | — |
| 02/03/2025 | Listed (Active) EBRD #ML81992628 | $5,200,000 |
| 02/03/2025 | Listed (Active) MLSListings #ML81992628 | $5,200,000 |
| 12/31/2012 | Sold RESFAR #81229405 | $3,300,000 |
| 12/31/2012 | Sold EBRD #ML81229405 | $3,300,000 |
| 12/31/2012 | Sold MLSListings #ML81229405 | $3,300,000 |
| 12/28/2012 | Sold (Public Record) Public Record #345219776 | $2,060,591 -2.2% / yr |
| 09/06/2012 | Pending MLSListings #ML81229405 | — |
| 09/06/2012 | Pending EBRD #ML81229405 | — |
| 09/06/2012 | Pending RESFAR #81229405 | — |
| 08/06/2012 | Listed (Active) EBRD #ML81229405 | $3,590,000 |
| 08/06/2012 | Listed (Active) RESFAR #81229405 | $3,590,000 |
| 08/06/2012 | Listed (Active) MLSListings #ML81229405 | $3,590,000 |
| 02/12/2004 | Sold (Public Record) Public Record #130237705 | $2,500,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 424 Richmond Drive
Schools near 424 Richmond Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Meadows Elementary School PublicK to 5 | ||
Taylor Middle School Public6 to 8 | ||
Mills High School Public9 to 12 | ||
Design Tech High Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Marcus & Millichap, Mitchell Zurich, DRE #01870648; Marcus & Millichap, Joshua Johnson, DRE #01930127
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.