Address
1105 Paloma AVE Burlingame, CA
Price
$ 3,140,000
Property Attributes
  • ID#ML81874145
  • TypeIncome
  • CountySAN MATEO
  • CityBurlingame
  • AreaBurlingame Terrace-Easton Addition
  • Zip94010
  • Style
  • Price$ 3,140,000
  • Bedrooms9
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4460
  • Lot Size5,750 SqFt
Listing Provided Courtesy Of:
Don Sung with Colliers Parrish International.
Data Source:
MLSListings
Property Description

Buy an Asset, Not a Liability: Live in 1 Unit and Receive Low-Maintenance Rental Income From Other 3 Quality Units! AAA+, Irreplaceable Location-Half Block Walk From Broadway Burlingame (Walkscore: 80), Easy 101 Access. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area. 4 Spacious Units: 2 BR/1 BA: 844 SF; and 3 BR/1 BA: 1,160 SF. Owner Renovated All Units. Each Unit Offers: Central Forced Air Gas Furnace, Stainless Kitchen (Dishwasher, Gas Range). In-Unit Washer & Dryer in ALL UNITS. Tenants Pay Own Water & PG/E Meters. Owner Pays Garbage and Gardener. Nice Floorplans, Providing Investors With Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (Walk to Shops)-Little to No Apartments for Sale. Scarce Inventory and Low Transaction Velocity. Property Offers Excellent Hedge Against Inflation-High-Quality Asset in Excellent Location Providing Steady Cashflow and Value Preservation & Appreciation

Price History
1/12/2022 Listed $3,140,000

General Features

# of Buildings 1
Accessibility Grab Bars, Parking
Age 75
City BURLINGAME
City Limits (y/n) Yes
Cooling None
County San Mateo
Heating Central Forced Air - Gas
Listing Agent State License 01935797
MLS Area Burlingame Terrace-Easton Addition
Number of Garage Spaces 4
Property SubType Fourplex
Property Type Residential Income (2-4 units)
Roof Shingle
Security Features Secured Garage / Parking, Security Lights
Special Listing Conditions Not Applicable
Status Active
Utilities Individual Electric Meters, Individual Gas Meters
Water Individual Water Meter, Public
Year Built 1947
Zoning Text R3

Interior Features

Building Unit Total 4
Kitchen Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Oven Range - Gas, Refrigerator
Laundry Features Washer / Dryer
Living Sqft 4460
Unit 1 Rent 2995
Unit 2 Approx Square Footage 844
Unit 2 Number Of Bedrooms 2
Unit 3 Approx Square Footage 1160
Unit 4 Approx Square Footage 844

Exterior Features

Building Area Total 4460
Foundation Details Concrete Perimeter and Slab, Crawl Space
Horse Property No
Lot Acres 0.1320
Lot Description Regular
Lot Size Area 5750.00
Lot Size Units Square Feet
Maximum Lot Size 5750.00
Meters Separate Electric, Separate Gas, Separate Water
Parking Features Covered Parking, Detached Garage, Parking Area
Parking Spaces 2
Sewer/Septic Sewer - Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 94010

Price
AVG $3.14M
$3.14M
Visits
AVG 9
8
Year Built
AVG 1947
1947

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