Burlingame, CA 94010,Address not disclosed
$2,200,000
$2,354,000
6.5%
Est.Price: ?

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2,764 SqFt

Address not disclosed Burlingame, CA 94010

Est. payment /mo
SOLD DATE : 06/24/2022

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Key Details

Sold Price $2,200,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $795

MLS Listing ID ML81890301

Year Built 1951

Annual Tax Amount $27,488

Lot Size 5,702 Sqft

Property Description

RARELY-AVAILABLE High-Quality 4-Units in Burlingame w/ Easy Access to 101 & Broadway. Ideal for Owner-User or Investor Hassle Free Income. A-Location in North Burlingame (Rollins Rd @ Oak Grove). Easy Access to Broadway Burlingame, Caltrain, and Highway 101 Broadway Exit. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area w/ Below-Market Rents. 4 Well-Maintained Units: 2 BR/1 BA: 760 SF; and 1 BR/1 BA: 622 SF. Most Units are Updated. Each Unit Offers: Wall Furnace, Individual Water Heaters, Kitchen (Dishwasher, Gas Range), Enclosed Parking Garage. Tenants Pay Own PG/E Meters. Owner Pays Water, Garbage and Gardener. Nice Floorplans Offer Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (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 R-3 / Rollins Road Reside

Interior

Heating Wall Furnace

Cooling None

Exterior

Parking Features Covered

Garage Spaces 4.0

Garage Description 4.0

Roof Type Composition

Building

Story 2

Sewer Public Sewer

Water Public

Schools

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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