221 Paramount Drive, Millbrae, CA 94030

Millbrae
Local realty services provided by:ERA Excel Realty
221 Paramount Drive,Millbrae, CA 94030
$1,995,000
  • - Beds
  • - Baths
  • 2,740 sq. ft.
  • Multi-family
  • Active
Listed by: rachid atie
Office: sc properties650-342-3030
MLS#:ML82066028
Source:CRMLS

Price summary

  • Price:$1,995,000
  • Price per sq. ft.:$728.1

About this home

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.

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Home facts

  • Year built:1948
  • Listing ID #:ML82066028
  • Added:1 day(s) ago
  • Updated:October 29, 2026 at 09:28 PM

Rooms and interior

  • Living area:2,740 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Roof:Shingle
  • Year built:1948
  • Building area:2,740 sq. ft.
  • Lot area:0.12 Acres
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,995,000
  • Price per sq. ft.:$728.1
  • Tax amount:$8,000

Parking

  • Parking description:4 Carport Space(s), Carport
  • Carport spaces:4
Based on information from California Regional Multiple Listing Service, Inc. as of October 30, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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