Burlingame, CA 94010,1140 El Camino Real
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Burlingame, CA 94010,1140 El Camino Real
Burlingame, CA 94010,1140 El Camino Real
Burlingame, CA 94010,1140 El Camino Real
Burlingame, CA 94010,1140 El Camino Real
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1140 El Camino Real Burlingame, CA 94010

6,155 Sqft Lot


UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82022957

HOA Y/N No

Year Built 1952

Annual Tax Amount $34,017

Lot Size 6,155 Sqft

Property Description

A+ LOCATION! HUGE Upside w/ Spacious Units. Easy to Lease and Manage. Rarely Available. Walk to Broadway Shops and Cal-Train Station. Walk Score: 90, Bike Score: 81. 6-Units w/ Strong Historical Tenancy, Low Turnover and Little to No Vacancy. 6 Spacious 1 BR/1 BA Units w/ Desirable Floorplans. Low Operating Expense Ratio (30%). Tenants Pay In-Unit PG & E and Reimburse Owner for Water. Potential to Implement Full RUBS Program. Add Dishwashers and In-Unit Washer & Dryers, Conduct Minor In-Unit Upgrades to Achieve Higher Market Rent/Higher CAP Rate. First Time on Market in 13 Years. R-3 Zoning: Offers Medium/High Density Residential. Excellent Long-Term Development/Assemblage Potential. Front of Property Offers 3 Easy to Access, Uncovered Parking Spaces. Adjacent Properties (Chase Bank & USPS) Offer Temp. Overflow Parking for Visitors. Potential to Convert 6 Covered Carports to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each) on Ground Floor. 2 Additional Ground Floor ADU's Offer $600,000 ($5,000/Month). Cap. Ex. Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Strong Rents Driven by Convenient Location and Low-Supply. Consistently Strong Rental Demand. Proven Track-Record of Reliable Incoming Generation. Please DO NOT DISTURB TENANTS.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-3 Medium/High Density R

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Other

Total Parking Spaces 3

Building

Water Public

Schools

School District Other

Others

Tax ID 026212230

Special Listing Condition Standard


CRMLS – RECore
Listed by Don Sung Colliers Parrish International, Inc.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Hoover Elementary School

    Public | KG - 5

  • 9

    West Hillsborough School

    Public | KG - 5

  • 9

    South Hillsborough School

    Public | KG - 5

  • 9

    North Hillsborough School

    Public | KG - 5

  • 9

    College Park Elementary School

    Public | KG - 5

  • 9

    Lincoln Elementary

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | KG - 5

  • 9

    Green Hills School

    Public | KG - 5

  • 8

    Baywood Elementary School

    Public | KG - 5

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Washington Elementary

    Public | KG - 5

  • 7

    Roosevelt School

    Public | KG - 5

  • 7

    Spring Valley School

    Public | KG - 5

  • 5

    Lomita Park School

    Public | KG - 5

  • 4

    San Mateo Park Elementary

    Public | KG - 5

  • 1

    Belle Air Elementary

    Public | KG - 5

  • 0

    La Petite Montessori

    Private | PK - KG

  • 0

    Tulane Montessori Children's House

    Private | PK - TKG

  • 0

    The Nueva School

    Private | PK - 11

  • 0

    St Matthew's Episcopal Day School

    Private | PK - 8

Middle Schools 6
  • 9

    Crocker Middle School

    Public | 6 - 8

  • 9

    Burlingame Intermediate

    Public | 6 - 8

  • 7

    Taylor Middle School

    Public | 6 - 8

  • 6

    Borel Middle School

    Public | 6 - 8

  • 0

    Fusion Academy San Mateo

    Private | 6 - 12

  • 0

    Crystal Springs Uplands School

    Private | 6 - 12

High Schools 6
  • 10

    Aragon High School

    Public | 9 - 12

  • 9

    Burlingame High School

    Public | 9 - 12

  • 9

    Mills High School

    Public | 9 - 12

  • 7

    San Mateo High School

    Public | 9 - 12

  • 7

    Capuchino High School

    Public | 9 - 12

  • 0

    Mercy High School

    Private | 9 - 12

School and business data provided by Attom Data.
Edie Israel

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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1140 El Camino Real