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Address not disclosed Burlingame, CA 94010
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Key Details
Sold Price $3,165,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,978 sqft
Price per Sqft $635
MLS Listing ID ML81731038
Year Built 1928
Annual Tax Amount $37,172
Lot Size 6,250 Sqft
Property Description
The El Camino offers an investor the unique opportunity to acquire a truly unique Trophy Asset in a fantastic Burlingame location with tremendous upside rent potential. Also listed on mls as 5 units. Built in 1928 the Marina-Style building boasts charm rarely seen outside of vintage 20s era San Francisco architecture. The five unit property is comprised of (2) Two-Bed/ One-Bath units approximately 1,000 square feet, (2) One-Bed/ One-Bath units approximately 960 square feet and one income producing non-conforming Studio. It's a secured building with a dramatic formal entryway including large arch windows and skylight. The four main apartment homes offer 9 foot cove ceilings, clear heart oak wood floors, grand arched home-style entryways, arch windows and fireplaces. Each unit has a front and rear entrance which leads to a private Tuscan-Style courtyard with Orange Tree shared by tenants. Major upgrades include a new foam roof, copper plumbing, updated electrical and new sewer lateral.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R30000
Interior
Heating Radiant
Cooling None
Exterior
Roof Type Foam
Building
Story 3
Foundation Concrete Perimeter
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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Bought with Steve Zirelli • Cornish & Carey Commercial