221 Paramount Drive Millbrae, CA $ 1,995,000
221 Paramount Drive
$ 1,995,000
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221 Paramount Drive

Millbrae, CA, 94030
$ 1,995,000
Bedrooms-- Baths0.0 Sq 2,740

Monthly Estimate*

$ 13,779

Listed by Rachid Atie, SC Properties, rratie@scpropsm.com
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Multi-Family Home for sale in Millbrae, CA

for $1,995,000. This 2,740 square foot home was built in 1948 on a lot size of 0.1219.

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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Multi-Family Active

Price

$ 1,995,000

Property Type

Multi-Family

Taxes

$ 8,000

Style

Lot Size

0.1219

Year Built

1948

Town/City

Millbrae

County/Region

San Mateo

MLS | Web ID

ML82066028

Days on Market

2

Features
General
Living Area 2740
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Shingle
Zoning res
Garage Spaces 0
Year Built 1948
Property Subtype Quadruplex
Accessibility None
County San Mateo
Insurance Expense 6000
Property Type Residential Income
HOA false
MaintenanceExpense 6800
Garage Y/N false
Special Listing Conditions Standard
Status Active
City Millbrae
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5309
Carport Spaces 4
Carport Y/N true
Tax Annual Amount 8000
Trash Expense 2000
Standard Status Active
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 2.05
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport
Water Source Public
Total Parking 0
Lot Size Area 5309
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2740
Lot Size Acres 0.1219
Lot Size Source Assessor
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* Excluded Features
List By
Rachid Atie

Listing Agent

Sc Properties

Broker

rratie@scpropsm.com

Email

Affordability Calculator

$14,446
Per Month
95%
5%
0%
Monthly Principal & Interest
$13,779
Monthly Property Taxes
$667
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/29/2026$1,995,000 Listed Price

Map


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221 Paramount Drive, Millbrae, CA, 94030 is a Multi-Family Home for sale at $1,995,000 with 2,740 sqft and a lot size of 0.1219. 221 Paramount Drive has 0.0 baths and was built in 1948. The property's zip code is 94030 which is in Millbrae, CA