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1136 El Camino Real, Burlingame, CA 94010

Property Details

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1136 El Camino Real
Burlingame, CA 94010

For Sale: $3,165,000

Property Type: Fourplex
MLS#: ML81731038

  • Building Size: 4978 SF
  • Lot Size: 6250 SF
  • Number of Units: 4
  • Number of Stories: 3
  • Year Built: 1928
  • Days on market: 31
  • Cap Rate: 2.66
  • Rent Control: No
  • GRM: 22.88
  • Contact Listing Agent Direct:
  • Steve Zirelli, Cornish & Carey Commercial

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.

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1136 El Camino Real, Burlingame, CA 94010

Based on information from California Regional Multiple Listing Service, Inc. as of November 30, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Listing provided by: Steve Zirelli, Cornish & Carey Commercial

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