$948,000
●
Condo -
Off Market
1388 Broadway #480
Millbrae, CA 94030
2 Beds
2 Baths
1,061 Ft²
$5,433
Est. Monthly
$778
HOA / Fees
3.37%
Cap Rate
About This Property
Luxurious 2BR/2BA top-floor condo in the highly desirable Park
Broadway community. This bright and airy home features an open
floor plan and a modern kitchen with granite countertops and
stainless steel appliances. Both the living room and the primary
bedroom are south-facing, filling the home with abundant natural
light. The spacious primary suite includes a walk-in closet and an
en-suite bath with dual sinks and a tub/shower combination.
Additional highlights include in-unit laundry, central heating and
A/C, extra storage, and two garage parking spaces. Residents enjoy
resort-style amenities such as a fitness center, outdoor BBQ area,
and Jacuzzi. Ideally located within walking distance to Millbraes
vibrant downtown restaurants and just minutes from top-rated
schools, BART, Caltrain, and major freeways, this home offers the
perfect blend of style, comfort, and convenience.
Unit Size
1,061 Ft²
Days on Market
33 days
Land Size
-
Price per sqft
$894
Property Type
Condo
Property Taxes
-
HOA Dues
$778
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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: 8 months ago (MLSListings Inc. #ML82035678)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Coldwell Banker Realty | $948,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 8, 2015 | Sold | ||
| Sold | |||
| Aug 3, 2015 | Listed by Piton Realty And Investment, Inc. | $800,000 | |
| Listed by Piton Realty And Investment, Inc. | |||
| | |||
|
Luxurious 2 bedroom, 2 bath condo at Park Broadway! Build 2009 located at 4th floor unit overlooking El Camino. Gourmet kitchen w/ granite countertops. Open floor layout dining & living room combo. Huge master bedroom with walk-in closet, in-unit laundry, additional storage. 2-car parking. HOA includes spa, gym, spa, courtyard with fireplace, seating areas and built-in bbq. area. Close to downtown, transportation, Millbrae schools, walking distance to Church and St. Dunstan School.
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Exterior Details
Square Footage: 1061
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 2009
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Hot Water, Spa/Hot Tub, Trash, Water
HOA Fee: $778
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
Similar Homes for Sale
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Listed by: Angie Ni, Coldwell Banker Realty
Last Updated: 8 months ago
Data Source: CRMLS, MLS# ML82035678
Last Updated: 8 months ago
Data Source: CRMLS, MLS# ML82035678
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