For sale

Price cut: $50K (6/9)

$2,600,000

440 Millbrae Ave, Millbrae, CA 94030

6beds

4baths

3,719sqft

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Duplex, Residential Income

Built in 1961

-- sqft lot

$2,520,800 Zestimate^®

$699/sqft

$-- HOA

What's special

Private en-suite primary bedroom

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.

58 days

1,244

19

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Central Forced Air Gas, Fireplace(s)

Cooling

None

Interior area

Total structure area: 3,719
Total interior livable area: 3,719 sqft

Property

Parking

Total spaces: 4
Parking features: Attached
Garage spaces: 4
Has carport: Yes

Accessibility

Accessibility features: Parking

Features

Stories: 2

Lot

Size: 6,000 Square Feet

Details

Parcel number: 024276070
Zoning: R20000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Residential Income

Materials

Foundation: Concrete Perimeter and Slab
Roof: Composition

Condition

Year built: 1961

Utilities & green energy

Gas: IndividualGasMeters
Sewer: Public Sewer
Utilities for property: Individual Electric Meters, Individual Gas Meters

Community & HOA

Location

Region: Millbrae

Financial & listing details

Price per square foot: $699/sqft
Tax assessed value: $2,583,966
Annual tax amount: $33,000
Date on market: 5/14/2026
Listing agreement: ExclusiveRightToSell
Inclusions: DishwasherAllUnits, OvenRangeAllUnits
Lease term: Month To Month

Estimated market value

$2,520,800

$2.39M - $2.65M

$4,070/mo

Price history

Date	Event	Price
7/2/2026	Listed for sale	$2,600,000$699/sqft
Source: MLSListings Inc #ML82043873 Report a problem
6/30/2026	Contingent	$2,600,000$699/sqft
Source: MLSListings Inc #ML82043873 Report a problem
6/9/2026	Price change	$2,600,000-1.9%$699/sqft
Source: MLSListings Inc #ML82043873 Report a problem
5/14/2026	Listed for sale	$2,650,000+23.3%$713/sqft
Source: MLSListings Inc #ML82043873 Report a problem
11/2/2023	Listing removed	--
Source: Zillow Rentals Report a problem
10/3/2023	Price change	$4,600-1.6%$1/sqft
Source: Zillow Rentals Report a problem
9/21/2023	Price change	$4,675-2.5%$1/sqft
Source: Zillow Rentals Report a problem
9/7/2023	Listed for rent	$4,795+10.2%$1/sqft
Source: Zillow Rentals Report a problem
5/10/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
4/27/2021	Listed for rent	$4,350$1/sqft
Source: Zillow Rental Manager Report a problem
5/21/2020	Listing removed	$4,350$1/sqft
Source: Zillow Rental Manager Report a problem
2/14/2020	Price change	$4,350-3.3%$1/sqft
Source: Zillow Rental Manager Report a problem
10/29/2019	Listed for rent	$4,500$1/sqft
Source: Zillow Rental Manager Report a problem
6/18/2015	Sold	$2,150,000$578/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$34,190 +5.4%	$2,583,966 +2%
2024	$32,432 +5.1%	$2,533,300 +2%
2023	$30,851 +11.8%	$2,483,628 +2%
2022	$27,595 +1.3%	$2,434,930 +2%
2021	$27,251 +1.7%	$2,387,188 +1%
2020	$26,804 +2.4%	$2,362,712 +2%
2019	$26,165 +2%	$2,316,386 +2%
2018	$25,648 +1.9%	$2,270,968 +2%
2017	$25,174 +1.2%	$2,226,440 +2%
2016	$24,864 +1038.9%	$2,182,786 +1241.2%
2015	$2,183	$162,747 +2%
2014	$2,183	$159,560 +0.5%
2013	--	$158,840 +2%
2012	--	$155,726
2011	--	$155,726 +2.8%
2010	--	$151,533 -0.2%
2009	--	$151,894 +2%
2008	--	$148,916 +2%
2007	--	$145,997 +2%
2006	--	$143,135
2005	--	$143,135 +4%
2004	--	$137,578 +1.9%
2003	--	$135,058 +2%
2002	--	$132,411 +2%
2001	--	$129,816 +2%
2000	--	$127,272

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 94030

Getting around

81 / 100

Very Walkable

60 / 100

Bikeable

Nearby schools

GreatSchools rating

10/10
Spring Valley Elementary School
Grades: K-5Distance: 0.4 mi
8/10
Taylor Middle School
Grades: 6-8Distance: 0.6 mi
10/10
Mills High School
Grades: 9-12Distance: 0.2 mi

Schools provided by the listing agent

District: MillbraeElementary

Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.