Burlingame, CA 94010,508 El Camino Real
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Burlingame, CA 94010,508 El Camino Real
Burlingame, CA 94010,508 El Camino Real
Burlingame, CA 94010,508 El Camino Real
Burlingame, CA 94010,508 El Camino Real
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Listed by Carlos Azucena • Marcus & Millichap
$ 3,198,000
Est. payment /mo
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Active

508 El Camino Real Burlingame, CA 94010

8,607 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,607 sqft

Price per Sqft $371

MLS Listing ID ML82025573

HOA Y/N No

Year Built 1976

Lot Size 8,389 Sqft

Property Sub-Type Other

Source Datashare MLSListings

Property Description

508 El Camino Real is an eight-unit multifamily property located two blocks from Burlingame Avenue. Excellent price per unit at less than $400,000 per unit. Strong in-place rents with room to increase them and excellent value-add potential through upgrades and remodeling. Currently, the highest cap rate in the market. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the downtown.

Location

State CA

County San Mateo

Interior

Heating Electric

Cooling None

Fireplace No


Bay East Association of Realtors
Theresa Solon

Theresa Solon

REALTOR | CA DRE# 01436657

+1(707) 334-9186

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