$665,000
●
Condo -
Off Market
320 Vallejo Drive #22
Millbrae, CA 94030
2 Beds
2 Baths
995 Ft²
$4,256
Est. Monthly
$941
HOA / Fees
4.43%
Cap Rate
About This Property
This beautifully situated 2-bedroom, 2-bath condo in sought after
Mills Estate neighborhood offers exceptional comfort, convenience,
& value. Spanning 995 sqft, the bright, sun-filled living room
showcases sweeping views of the green meadow, San Francisco Bay, &
SFO creating a stunning backdrop by day and sparkling lights by
night. The living, dining, & kitchen areas flow seamlessly to a
private balcony, perfect for morning coffee or relaxing at the end
of the day. The thoughtfully designed kitchen features ample
cabinetry & an in-unit washer & dryer. The spacious primary suite
includes a walk-in closet, while the second bedroom provides
flexible use as a guest room, home office, or creative space. Enjoy
resort-style amenities including a pool, scenic paths, lush
landscaped grounds, & multiple outdoor areas to relax & take in the
views. HOA dues also include internet, cable with some premium
channels for added value. Ideally located near I-280, public
transportation, Millbrae BART, Caltrain, plus shopping & dining in
downtown Millbrae and Burlingame Plaza. Whether working from home,
entertaining, or simply enjoying the surroundings, this home truly
checks all the boxes. A wonderful opportunity to enjoy comfortable
and convenient Millbrae living!
Unit Size
995 Ft²
Days on Market
98 days
Land Size
-
Price per sqft
$678
Property Type
Condo
Property Taxes
-
HOA Dues
$941
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: 7 months ago (MLSListings Inc. #ML82030752)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 31, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$698,888
↓ $39K
(5.3%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by Compass | $738,000 | |
| Listed by Compass | |||
Show More
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Microwave, Refrigerator
Flooring Type: Carpet, Tile, Wood
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 995
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1972
Pool Features: In Ground
Pool is Private
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Hot Water, Spa/Hot Tub, Trash, Cable TV, Water
HOA Fee: $941
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 |
|---|---|---|---|---|---|---|---|
|
03/11/2026
|
3 Bed
|
2 Bath
|
1352 ft²
|
$880,000
3 Bed
2 Bath
1352 ft²
|
$870,000
-1.14%
04/30/2026
|
William Cheung
Compass
| |
|
01/09/2026
|
2 Bed
|
2 Bath
|
995 ft²
|
$738,000
2 Bed
2 Bath
995 ft²
|
$665,000
-9.89%
04/17/2026
|
Bertha Sandoval
Compass
| |
|
11/14/2025
|
2 Bed
|
2 Bath
|
1249 ft²
|
$775,000
2 Bed
2 Bath
1249 ft²
|
$674,500
-12.97%
02/23/2026
|
Pam Long
Marshall Realty
| |
|
10/09/2025
|
3 Bed
|
2 Bath
|
1352 ft²
|
$899,000
3 Bed
2 Bath
1352 ft²
|
$850,000
-5.45%
11/06/2025
|
Christopher Moo
Ashby & Graff
| |
|
01/24/2025
|
2 Bed
|
2 Bath
|
995 ft²
|
$820,888
2 Bed
2 Bath
995 ft²
|
$810,000
-1.33%
03/03/2025
|
Nozomi Ogihara
KW Advisors
| |
|
04/24/2024
|
3 Bed
|
2 Bath
|
1352 ft²
|
$975,000
3 Bed
2 Bath
1352 ft²
|
-
-
|
Christine Lau
Realty ONE Group Future
| |
|
07/22/2023
| |
2 Bed
|
2 Bath
|
1249 ft²
|
$888,000
2 Bed
2 Bath
1249 ft²
|
-
-
|
Marylene Notarianni
Compass
|
|
06/18/2021
|
2 Bed
|
2 Bath
|
995 ft²
|
$824,999
2 Bed
2 Bath
995 ft²
|
$850,000
+3.03%
07/29/2021
|
Isabella Sun
Compass
| |
|
02/04/2019
|
3 Bed
|
2 Bath
|
1352 ft²
|
$984,900
3 Bed
2 Bath
1352 ft²
|
$978,888
-0.61%
03/13/2019
|
Warren D Lewis
Weslan Real Estate
| |
|
07/28/2017
| |
2 Bed
|
2 Bath
|
995 ft²
|
-
2 Bed
2 Bath
995 ft²
|
-
-
|
-
|
|
03/12/2013
|
2 Bed
|
2 Bath
|
995 ft²
|
$525,000
2 Bed
2 Bath
995 ft²
|
$555,000
+5.71%
03/28/2013
|
Margaret Galante
Compass
|
Building Info
About Millbrae
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Listed by: Bertha Sandoval, Compass
Last Updated: 7 months ago
Data Source: CRMLS, MLS# ML82030752
Last Updated: 7 months ago
Data Source: CRMLS, MLS# ML82030752
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