Burlingame, CA 94010
$2,995,000
Bed
0
Bath
0
Living Space
4,883 SqFt
Year Built
1952
Lot Size
6,154 SqFt
Days
134
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.
- Burlingame Intermediate School (Middle) - GreatSchools rating 10/10 School District: Burlingame Elementary School District
Several parks are located within a 1-2 mile radius of El Camino Real in Burlingame, CA. These include Washington Park, known for its playground, tennis courts, and dog park; Bayside Park, offering bayfront trails and views; and Mills Canyon Park, which provides a natural escape with woodland trails. Coyote Point Recreation Area, a larger regional park, is also nearby and features waterfront trails and picnic areas.
The neighborhood near El Camino Real in Burlingame, CA, is identified as North Burlingame-Rollins Road. This area is characterized by its walkability and proximity to local services. Dining options include establishments like Subway at 1857 El Camino Real, Ristorante Rocca, and Max's of Burlingame, offering a mix of Italian, American, and Jewish deli cuisines.
The area around El Camino Real in Burlingame, CA, is very walkable, with a Walk Score of 83 out of 100. Transit options are readily available, including multiple bus lines such as ECR Daly City BART - Palo Alto Transit Ctr and 397 San Francisco - Palo Alto Transit Ctr. The Millbrae Caltrain station is also accessible, providing regional transit connections.
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.
- Burlingame Intermediate School (Middle) - GreatSchools rating 10/10 School District: Burlingame Elementary School District
Several parks are located within a 1-2 mile radius of El Camino Real in Burlingame, CA. These include Washington Park, known for its playground, tennis courts, and dog park; Bayside Park, offering bayfront trails and views; and Mills Canyon Park, which provides a natural escape with woodland trails. Coyote Point Recreation Area, a larger regional park, is also nearby and features waterfront trails and picnic areas.
The neighborhood near El Camino Real in Burlingame, CA, is identified as North Burlingame-Rollins Road. This area is characterized by its walkability and proximity to local services. Dining options include establishments like Subway at 1857 El Camino Real, Ristorante Rocca, and Max's of Burlingame, offering a mix of Italian, American, and Jewish deli cuisines.
The area around El Camino Real in Burlingame, CA, is very walkable, with a Walk Score of 83 out of 100. Transit options are readily available, including multiple bus lines such as ECR Daly City BART - Palo Alto Transit Ctr and 397 San Francisco - Palo Alto Transit Ctr. The Millbrae Caltrain station is also accessible, providing regional transit connections.
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.
No similar listings found