$1,010,000
●
Condo -
Off Market
1388 Broadway #328
Millbrae, CA 94030
2 Beds
2 Baths
1,246 Ft²
$5,538
Est. Monthly
$726
HOA / Fees
4.13%
Cap Rate
About This Property
Located in the desirable Park Broadway community, this 2-bedroom,
2-bath condo offers a functional layout and convenient access to
Millbrae amenities. Situated on the third floor, the unit features
an open living and dining area with floor-to-ceiling windows for
natural light, along with a modern kitchen equipped with granite
countertops and stainless steel appliances. The primary suite
includes a walk-in closet, double sinks, a soaking tub, a separate
stall shower, and a private balcony with city views. Additional
highlights include maple hardwood flooring, carpeted bedrooms, a
dedicated workspace nook, in-unit laundry, two assigned parking
spaces, and a private storage unit in the garage. The location
offers easy access to SFO, BART, Caltrain, Highway 101, and highly
rated Millbrae schools, as well as nearby shops and restaurants in
Millbrae's charming downtown.
Unit Size
1,246 Ft²
Days on Market
29 days
Land Size
-
Price per sqft
$787
Property Type
Condo
Property Taxes
-
HOA Dues
$726
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 years ago (MLSListings Inc. #ML82009678)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Perisson Real Estate, Inc. | $980,000 | |
| Listed by Perisson Real Estate, Inc. | |||
| Sep 1, 2020 | Sold | ||
| Sold | |||
| Jul 24, 2020 | Listed by Legacy Real Estate & Associates | $998,000 | |
| Listed by Legacy Real Estate & Associates | |||
| | |||
|
Luxurious condo in the prime location of Millbrae at the Park Broadway community. Open layout 2 bedrooms and 2 baths unit on the 3rd floor. This cozy home offers spacious and updated kitchen with granite countertops and stainless steel appliances, maple hardwood floor, carpets for both bedrooms, floor to ceiling windows for natural lighting. The large master suite offers walk-in closet, double sinks plus stall shower and soaking bathtub, and balcony with views of the city. The unit also has an area for a workspace, laundry room, two assigned parking spaces & a storage in the garage. The HOA includes water, trash and gas. Easy access to the highway, SFO, public transportations, and high scoring Millbrae schools.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Underground
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s)
Appliances: Dishwasher, Gas Cooktop, Microwave, Refrigerator
Flooring Type: Carpet, Wood
Exterior Details
Square Footage: 1246
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 2009
Building Name: Park Broadway
Water Source: Public
Utilities Details
Cooling Type: Central Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Hot Water, Management, Barbecue, Trash, Water
HOA Fee: $726
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/20/2026
|
2 Bed
|
2 Bath
|
1061 ft²
|
$948,000
2 Bed
2 Bath
1061 ft²
|
$948,000
03/25/2026
|
Bali Liu
Legend Real Estate & Finance
| |
|
10/02/2025
|
2 Bed
|
2 Bath
|
1187 ft²
|
$998,000
2 Bed
2 Bath
1187 ft²
|
$950,000
-4.81%
01/21/2026
|
Jean Joh
Perisson Real Estate, Inc.
| |
|
07/01/2025
|
1 Bed
|
1 Bath
|
666 ft²
|
$530,000
1 Bed
1 Bath
666 ft²
|
$530,000
07/01/2025
|
Jean Joh
Perisson Real Estate, Inc.
| |
|
06/04/2025
|
2 Bed
|
2 Bath
|
1246 ft²
|
$980,000
2 Bed
2 Bath
1246 ft²
|
$1,010,000
+3.06%
07/03/2025
|
Jean Joh
Perisson Real Estate, Inc.
| |
|
05/05/2023
| |
2 Bed
|
2 Bath
|
1079 ft²
|
$928,000
2 Bed
2 Bath
1079 ft²
|
-
-
|
Disen Cai RE Group
KW Peninsula Estates
|
|
05/01/2023
|
2 Bed
|
2 Bath
|
1147 ft²
|
$988,000
2 Bed
2 Bath
1147 ft²
|
-
-
|
Robert Wall
Compass
| |
|
06/10/2022
| |
2 Bed
|
2 Bath
|
1156 ft²
|
$988,000
2 Bed
2 Bath
1156 ft²
|
-
-
|
Ling Wang
KW Advisors
|
|
09/18/2021
| |
2 Bed
|
2 Bath
|
1147 ft²
|
$999,000
2 Bed
2 Bath
1147 ft²
|
-
-
|
Disen Cai RE Group
KW Peninsula Estates
|
|
07/08/2021
|
2 Bed
|
2 Bath
|
1147 ft²
|
$1,059,000
2 Bed
2 Bath
1147 ft²
|
-
-
|
Peter Fong
KW Advisors
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1147 ft²
|
$1,050,000
2 Bed
2 Bath
1147 ft²
|
-
-
|
Juanjuan Huang
Compass
| |
|
10/03/2020
| |
3 Bed
|
2 Bath
|
1619 ft²
|
$1,299,000
3 Bed
2 Bath
1619 ft²
|
-
-
|
-
|
|
07/24/2020
|
2 Bed
|
2 Bath
|
1246 ft²
|
$998,000
2 Bed
2 Bath
1246 ft²
|
$1,035,000
+3.71%
09/01/2020
|
Steve Ahn
Legacy Real Estate & Associates
| |
|
03/07/2020
| |
2 Bed
|
2 Bath
|
1147 ft²
|
$998,000
2 Bed
2 Bath
1147 ft²
|
-
-
|
-
|
|
01/27/2020
|
2 Bed
|
2 Bath
|
1147 ft²
|
$998,000
2 Bed
2 Bath
1147 ft²
|
-
-
|
-
| |
|
06/22/2017
|
2 Bed
|
2 Bath
|
1187 ft²
|
$838,000
2 Bed
2 Bath
1187 ft²
|
$922,000
+10.02%
08/03/2017
|
Harry Hui
HUI Financial Inc.
| |
|
04/05/2017
|
3 Bed
|
2 Bath
|
1854 ft²
|
$1,250,000
3 Bed
2 Bath
1854 ft²
|
$1,240,000
-0.80%
05/17/2017
|
Bernadette Casey-Durazzo
Coldwell Banker Realty
| |
|
08/03/2015
|
2 Bed
|
2 Bath
|
1061 ft²
|
$800,000
2 Bed
2 Bath
1061 ft²
|
$850,000
+6.25%
09/08/2015
|
Carlito G Guevarra
Piton Realty And Investment, Inc.
| |
|
05/06/2015
|
3 Bed
|
2 Bath
|
1854 ft²
|
$1,050,000
3 Bed
2 Bath
1854 ft²
|
$1,050,000
06/19/2015
|
Bernadette Casey-Durazzo
Coldwell Banker Realty
| |
|
05/26/2014
|
2 Bed
|
2 Bath
|
1147 ft²
|
$698,000
2 Bed
2 Bath
1147 ft²
|
$715,000
+2.44%
07/08/2014
|
Wendi Selig-Aimonetti
Coldwell Banker Realty
|
Building Info
About Millbrae
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Listed by: Jean Joh, Perisson Real Estate, Inc.
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML82009678
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML82009678
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