Burlingame, CA 94010,Address not disclosed

$2,200,000

Est. payment /mo

$2,354,000

6.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Address not disclosed Burlingame, CA 94010

2,764 SqFt

SOLD DATE : 06/24/2022

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

Sold Date 06/24/22

HOA Y/N No

Year Built 1951

Annual Tax Amount $27,488

Lot Size 5,702 Sqft

Acres 0.1309

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

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan

Exterior

Garage Covered

Garage Spaces 4.0

Garage Description 4.0

Roof Type Composition

Accessibility Parking

Parking Type Covered

Building

Story 2

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 029083070

Security Features Security Lights

Financing Conventional

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


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

Matt Peters

Broker Associate | License ID: 01984989

+1(626) 344-1956

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.