$3,165,000
$3,165,000
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4,978 SqFt
SOLD DATE : 02/28/2019
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
Sold Date 02/28/19
HOA Y/N No
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
Fireplace No
Exterior
Carport Spaces 4
Roof Type Foam
Accessibility None
Total Parking Spaces 4
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
Tax ID 026212220
Financing Conventional
Special Listing Condition Standard
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Bought with Steve Zirelli • Cornish & Carey Commercial