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Rarely Available, A+ Broadway Burlingame Location. Walk to Broadway Shops and Cal-Train Station. Walk Score: 89, Bike Score: 81. Spacious 1 Bedroom / 1 Bath Units w/ Desirable Floorplans - Offering Possibility to Convert to 2 Bedroom / 1 Bath Floorplans to Increase NOI & Cap Rate. Low Operating Expense Ratio (30%). Individual Water Heaters (1 for Each Unit). Potential to Add Dishwashers and In-Unit Washer & Dryers. R-3 Zoning: Parcel Offers Medium/High Density Residential Development Potential in the Future. Capital Improvements Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Potential to Convert 6 Covered Carports (w/ 7' 6" ceiling) to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each). Consistently Strong Rents Driven by Convenient Location and Low-Supply Constraints. Strong Rental Demand. Easy Access to El Camino Real, 101, 280, and Major Silicon Valley Employers. Current CAP Rate (In-Place Rents): 3.75% / GRM (In-Place Rents): 17.6. Pro-Forma CAP Rate (Market Rents): 4.70% / GRM (In-Place Rents): 15. Reasonable Cost/SF: $613/SF. Please DO NOT DISTURB Tenants. Thank you!

ML82043505 MLS

1140 El Camino Real, Burlingame

Listed by Don Sung, 650-380-5188 from Colliers Parrish International, Inc.
(If provided) CoList: from

$1,899,999

Exceptional Multi-Unit Investment in Prime Burlingame Location Welcome to 824 El Camino Real a rare opportunity to own a fully leased triplex in the heart of Burlingame. This well-maintained property offers three income-producing units, each with strong rental demand, separate utilities, and on-site parking. Located just blocks from transit, shops, dining, and major commuter routes, this asset combines consistent cash flow with long-term appreciation potential. Whether youre looking to expand your portfolio, complete a 1031 exchange, or explore owner-occupancy with income offset, this property checks all the boxes. The layout, condition, and location make it ideal for both seasoned investors and first-time multi-unit buyers. Dont miss this rare chance to secure a high-performing asset in one of the Peninsulas most sought-after markets.

ML82005442 MLS

824 El Camino Real, Burlingame

Listed by Sydney Manuel, 650-452-4937 from Sydney Manuel, Broker
(If provided) CoList: Theresa Haddad from Maxim Solution Realty Corporation

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Fine Group Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.