Burlingame, CA 94010
$2,995,000
Bed
0
Bath
0
Living Space
4,883 SqFt
Year Built
1952
Lot Size
6,154 SqFt
Days
179
Rarely Available, A+ Broadway Burlingame Location. Walk to Broadway Shops and Cal-Train Station. Walk Score: 89, Bike Score: 81. Spacious 1 Bedroom / 1 Bath Units w/ Desirable Floorplans - Offering Possibility to Convert to 2 Bedroom / 1 Bath Floorplans to Increase NOI & Cap Rate. Low Operating Expense Ratio (30%). Individual Water Heaters (1 for Each Unit). Potential to Add Dishwashers and In-Unit Washer & Dryers. R-3 Zoning: Parcel Offers Medium/High Density Residential Development Potential in the Future. Capital Improvements Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Potential to Convert 6 Covered Carports (w/ 7' 6" ceiling) to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each). Consistently Strong Rents Driven by Convenient Location and Low-Supply Constraints. Strong Rental Demand. Easy Access to El Camino Real, 101, 280, and Major Silicon Valley Employers. Current CAP Rate (In-Place Rents): 3.75% / GRM (In-Place Rents): 17.6. Pro-Forma CAP Rate (Market Rents): 4.70% / GRM (In-Place Rents): 15. Reasonable Cost/SF: $613/SF. Please DO NOT DISTURB Tenants. Thank you!
Listing provided courtesy ofDon Sung License 01935797 Colliers Parrish International, Inc.
Data provided by MLSListings Inc.
- Lincoln Elementary School (Elementary) - GreatSchools rating 8/10 - Burlingame Intermediate School (Middle) - GreatSchools rating 10/10 - Burlingame High School (High) - GreatSchools rating 10/10 School District: Burlingame Elementary School District
Within a 1-2 mile radius of El Camino Real, Burlingame, CA, 94010, several parks offer recreational opportunities. These include Washington Park, known for its renovated playground, tennis courts, and dog park; Mills Canyon Park, providing a natural escape with a loop trail; and Coyote Point Recreation Area, which features bayfront trails, a beach, and picnic areas. Laguna Park also offers a playground and tennis courts.
The neighborhood around El Camino Real in Burlingame is part of the broader Downtown Burlingame area, characterized by its vibrant commercial corridors along Burlingame Avenue and Broadway. Burlingame Avenue is noted for its lively atmosphere with numerous stores and restaurants, while Broadway offers a quieter, more local feel with independent boutiques and mom-and-pop shops. The community hosts regular events like a Sunday farmers market, adding to its small-town charm and active social calendar.
El Camino Real in Burlingame offers good transit options. The area has a Walk Score of 90, indicating most errands can be accomplished on foot. Transit Score information is not readily available for this specific address, but nearby transit includes SamTrans Route 292, which connects to San Francisco and SFO, and Caltrain service from the Burlingame Station for regional travel.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Lincoln Elementary School (Elementary) - GreatSchools rating 8/10 - Burlingame Intermediate School (Middle) - GreatSchools rating 10/10 - Burlingame High School (High) - GreatSchools rating 10/10 School District: Burlingame Elementary School District
Within a 1-2 mile radius of El Camino Real, Burlingame, CA, 94010, several parks offer recreational opportunities. These include Washington Park, known for its renovated playground, tennis courts, and dog park; Mills Canyon Park, providing a natural escape with a loop trail; and Coyote Point Recreation Area, which features bayfront trails, a beach, and picnic areas. Laguna Park also offers a playground and tennis courts.
The neighborhood around El Camino Real in Burlingame is part of the broader Downtown Burlingame area, characterized by its vibrant commercial corridors along Burlingame Avenue and Broadway. Burlingame Avenue is noted for its lively atmosphere with numerous stores and restaurants, while Broadway offers a quieter, more local feel with independent boutiques and mom-and-pop shops. The community hosts regular events like a Sunday farmers market, adding to its small-town charm and active social calendar.
El Camino Real in Burlingame offers good transit options. The area has a Walk Score of 90, indicating most errands can be accomplished on foot. Transit Score information is not readily available for this specific address, but nearby transit includes SamTrans Route 292, which connects to San Francisco and SFO, and Caltrain service from the Burlingame Station for regional travel.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
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