Listing ID: OC22149431
Price: $3,500,000
Price/SqFt: $600.55
Status: Active
Address: 1461 El Camino Real
City: Burlingame
State: California
Postal Code: 94010
SqFt: 5,828
Acres: 0.188
County: San Mateo
Burlingame
CA
94010
Rare opportunity for a 5 unit multi-family property in Burlingame, San Francisco's most popular and prestigious downtown destinations close to the SFO airport, premium shops, restaurants and upscale services with a charming old fashion character! This property is just a few blocks walking distance to the local BART station and Broadway Ave. Built in 1946, this vintage complex has been remarkably well-maintained over the years. One unit is on top of the carports and 4 units are in the main structure. Large lot with plenty of opportunity to tear down or rebuild for better rent!
William Ting
Title: Sales Agent
City: San Clemente
State/Province: CA
Zipcode: 92672
Office Phone: (949)492-5413
Cell Phone: (949)742-2340

Primary Features

County: San Mateo
Price/SqFt: 600.55
Property Type: Residential Income
Year Built: 1946

Interior

Appliances: yes
Appliances: Dishwasher, Gas Range, Microwave
Average 1 Bed Area Units: Square Feet
Average 2 Bed Area Units: Square Feet
Average 3 Bed Area Units: Square Feet
Average Studio Area Units: Square Feet
Building Area Units: Square Feet
Common Walls: 1 Common Wall
Cooling: no
Cooling Type: None
Fireplace: no
Fireplace Features: None
Flooring: Wood
Heating: yes
Heating Type: Wall Furnace
Interior Features: Open Floorplan
Laundry: yes
Laundry Features: Inside
Levels: Two
Room Type: See Remarks
Spa: no
Spa Features: None
Stories Total: 2

External

Carport Spaces: 5
Electric: Standard
Lot Features: Walkstreet
Lot Size Area: 8200
Lot Size Source: Assessor
Lot Size Square Feet: 8200
Number Of Buildings: 2
Parking Total: 5
Pool Features: None
Private Pool: no
Property Attached: yes
Sewer: Public Sewer
Water Source: Public

Location

Country: US
Elevation Units: Feet
MLS Area Major: 699 - Not Defined

Additional

Accessibility Features: None
Additional Parcels: no
Community Features: Urban
Days On Market: 38
List Agent State License: 02022053
List Office State License: 01897784
Lot Size Units: Square Feet
New Construction: no
Number Of Separate Electric Meters: 5
Number Of Separate Gas Meters: 5
Number Of Separate Water Meters: 5
Number Of Units Leased: 5
Number Of Units Total: 5
Parcel Number: 026013040
Senior Community: no
Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Year Built Source: Public Records

Financial

Gross Scheduled Income: 144000
Insurance Expense: 2210
Land Lease: no
Net Operating Income: 100500
Operating Expense: 43500
Price Per Unit: 700000
Professional Management Expense: 5000
Rent Control: yes
Special Listing Conditions: Standard
Tax Block: 50
Tax Census Tract: 6052.00
Tax Lot: 5
Total Expenses: 43500
Trash Expense: 3760

Zoning Info


Area Info


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Based on information from CARETS as of Sunday, October 2nd, 2022 07:30:43 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

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Listing Agent: William Ting, DRE #02022053 from Century 21 Award 949-492-5413

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