221 Paramount Drive, Millbrae, CA — listing photo 1
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FOR SALENew Listing

221 Paramount Drive

Millbrae, CA 94030
2,740 Sq Ft
Built 1948
$1,995,000

Property Overview

SC Properties exclusively presents 221 Paramount Drive, Millbrae, a well-maintained four-unit multifamily investment opportunity in one of the Peninsulas most desirable rental markets. The property features four (1)one-bedroom, (1) one-bathroom units, a recently replaced roof, and a well-kept exterior, offering investors a combination of existing rental income and immediate upside potential. With one unit currently vacant, a new owner has the opportunity to lease the unit at current market rates and increase the property's overall rental income. Conveniently located near Downtown Millbrae, BART, Caltrain, SFO, and major highways, 221 Paramount Drive presents an attractive opportunity for investors seeking stable cash flow, rental upside, and long-term appreciation in a strong Peninsula rental market.

Home Details

Property type
Residential Income - Quadruplex
Year built
1948
Living area
2,740 sq ft
Lot size
5,309 sq ft
Carport
4 spaces
Stories
2
Days on market
0
MLS status
Active
Zoning
res

Features & Amenities

Parking

  • Carport

Community, Schools & Utilities

Community

Annual property tax
$8,000

Schools

School district
Other

Utilities

Heating
WallFurnace
Cooling
None
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

221 Paramount Drive

Millbrae, CA 94030

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Frequently Asked Questions About 221 Paramount Drive

Property type: Residential Income

The current asking price is $1,995,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 221 Paramount Drive. Our team will confirm availability and timing.
This property offers approximately 2,740 square feet of living space. It was built in 1948. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Millbrae, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Millbrae property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Rachid Atie
MLS ID: ML5080935

Available property

$1,995,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.