Burlingame, CA 94010,1105 Paloma AVE
Burlingame, CA 94010,1105 Paloma AVE
Burlingame, CA 94010,1105 Paloma AVE
65
$3,350,000
$3,140,000
6.7%
Est.Price: ?

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4,460 SqFt

1105 Paloma AVE Burlingame, CA 94010

Est. payment /mo
SOLD DATE : 02/11/2022

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Key Details

Sold Price $3,350,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,460 sqft

Price per Sqft $751

MLS Listing ID ML81874145

Year Built 1947

Annual Tax Amount $36,467

Lot Size 5,749 Sqft

Property Description

Buy an Asset, Not a Liability: Live in 1 Unit and Receive Low-Maintenance Rental Income From Other 3 Quality Units! AAA+, Irreplaceable Location-Half Block Walk From Broadway Burlingame (Walkscore: 80), Easy 101 Access. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area. 4 Spacious Units: 2 BR/1 BA: 844 SF; and 3 BR/1 BA: 1,160 SF. Owner Renovated All Units. Each Unit Offers: Central Forced Air Gas Furnace, Stainless Kitchen (Dishwasher, Gas Range). In-Unit Washer & Dryer in ALL UNITS. Tenants Pay Own Water & PG/E Meters. Owner Pays Garbage and Gardener. Nice Floorplans, Providing Investors With Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (Walk to Shops)-Little to No Apartments for Sale. Scarce Inventory and Low Transaction Velocity. Property Offers Excellent Hedge Against Inflation-High-Quality Asset in Excellent Location Providing Steady Cashflow and Value Preservation & Appreciation

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Cooling None

Exterior

Parking Features Covered

Garage Spaces 4.0

Garage Description 4.0

View Y/N No

Roof Type Shingle

Building

Story 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Roosevelt

Middle Schools Other

High Schools Burlingame

School District Other

Others

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Don Sung • Colliers Parrish International
Bought with RECIP • Out of Area Office

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agent

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

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