$803,400
●
Condo -
Off Market
360 Vallejo Drive #116
Millbrae, CA 94030
3 Beds
2 Baths
1,454 Ft²
$5,235
Est. Monthly
$1,139
HOA / Fees
5.15%
Cap Rate
About This Property
PRICE REDUCTION. Priced to sell! Welcome to this
charming 3-bedroom, 2-bathroom home in the desirable city of
Millbrae. This residence offers a well-appointed kitchen
perfect for culinary enthusiasts. The kitchen seamlessly connects
to the dining area located in the living room, providing an ideal
space for gatherings and entertaining. Enjoy the warmth and
ambiance of the fireplace, creating a cozy atmosphere for
relaxation. The home features baseboard heating throughout,
ensuring comfort during cooler months. Conveniently, the laundry
area is located inside and includes a washer and dryer for added
ease. The property includes a single-car garage, offering secure
parking and storage options. This home is situated within the
Millbrae Elementary School District. Discover the potential
of this delightful home in Millbrae, where comfort and convenience
meet in a prime location. Pool, and scenic paths and relaxing
sitting areas. HOA covers Cable, Common Area Electricity,
Deck, Garbage, Hot Water, Insurance - Common Area, Pools, Spa, or
Tennis, Reserves
Unit Size
1,454 Ft²
Days on Market
39 days
Land Size
-
Price per sqft
$574
Property Type
Condo
Property Taxes
-
HOA Dues
$1,139
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. #ML82022188)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Price Decreased |
$834,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Sep 19, 2025 | Listed by Omarshall, Inc | $859,000 | |
| Listed by Omarshall, Inc | |||
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Parking Features: Underground
Garage Spaces: 1
Interior Details
Full Bathrooms: 2
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Square Footage: 1454
Square Footage Source: $0
Year Built Source: Other
Year Built: 1970
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Hot Water, Spa/Hot Tub, Trash, Cable TV
HOA Fee: $1,139
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 |
|---|---|---|---|---|---|---|---|
|
02/17/2026
|
3 Bed
|
2 Bath
|
1352 ft²
|
$745,888
3 Bed
2 Bath
1352 ft²
|
$722,500
-3.14%
03/30/2026
|
Candy Tam Li
Compass
| |
|
09/19/2025
|
3 Bed
|
2 Bath
|
1454 ft²
|
$859,000
3 Bed
2 Bath
1454 ft²
|
$803,400
-6.47%
10/28/2025
|
Pam Long
Marshall Realty
| |
|
05/23/2025
|
2 Bed
|
2 Bath
|
1249 ft²
|
$899,000
2 Bed
2 Bath
1249 ft²
|
$920,000
+2.34%
06/13/2025
|
Nozomi Ogihara
KW Advisors
| |
|
06/15/2024
| |
2 Bed
|
2 Bath
|
995 ft²
|
$698,000
2 Bed
2 Bath
995 ft²
|
-
-
|
Disen Cai RE Group
KW Peninsula Estates
|
|
04/06/2023
| |
2 Bed
|
2 Bath
|
1249 ft²
|
$899,000
2 Bed
2 Bath
1249 ft²
|
-
-
|
Jean Joh
Perisson Real Estate, Inc.
|
|
08/19/2022
| |
2 Bed
|
2 Bath
|
995 ft²
|
$699,000
2 Bed
2 Bath
995 ft²
|
-
-
|
Disen Cai RE Group
KW Peninsula Estates
|
|
10/07/2021
| |
3 Bed
|
2 Bath
|
1352 ft²
|
$968,888
3 Bed
2 Bath
1352 ft²
|
-
-
|
Eric Chu
KW Peninsula Estates
|
|
04/26/2020
| |
2 Bed
|
2 Bath
|
995 ft²
|
$825,000
2 Bed
2 Bath
995 ft²
|
-
-
|
-
|
|
04/25/2020
|
2 Bed
|
2 Bath
|
995 ft²
|
$825,000
2 Bed
2 Bath
995 ft²
|
$790,000
-4.24%
07/20/2020
|
Lana Morin
Intero Real Estate Services
| |
|
01/21/2019
| |
3 Bed
|
2 Bath
|
1352 ft²
|
$998,000
3 Bed
2 Bath
1352 ft²
|
-
-
|
-
|
|
01/18/2019
|
3 Bed
|
2 Bath
|
1352 ft²
|
$928,888
3 Bed
2 Bath
1352 ft²
|
$1,000,000
+7.66%
04/08/2019
|
Haneen Hayder
Compass
| |
|
10/07/2018
|
2 Bed
|
2 Bath
|
995 ft²
|
$795,888
2 Bed
2 Bath
995 ft²
|
$750,000
-5.77%
02/08/2019
|
Pamela Coccary
Girouard Properties
| |
|
05/29/2015
|
2 Bed
|
2 Bath
|
995 ft²
|
$598,000
2 Bed
2 Bath
995 ft²
|
$688,000
+15.05%
07/15/2015
|
Jeff Harber
Compass
| |
|
11/30/-0001
| |
3 Bed
|
2 Bath
|
1352 ft²
|
$949,000
3 Bed
2 Bath
1352 ft²
|
-
-
|
-
|
Building Info
About Millbrae
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Listed by: Pam Long, Omarshall, Inc
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML82022188
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML82022188
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