1124 Douglas Ave 4 Unit Apartment Building $3,200,000 ($800,000/Unit) Burlingame, CA 94010

C21 Commercial | Masters is pleased to present 1124 Douglas Avenue — a rare, fully remodeled 4-unit multifamily investment opportunity in one of the San Francisco Peninsula's most coveted and supply-constrained markets. Ideally positioned just blocks from the vibrant heart of Downtown Burlingame, this distinguished 1904-vintage property combines timeless character with thoroughly modern finishes, offering an exceptional blend of immediate income and long-term appreciation potential.
The offering consists of a beautifully maintained 3-bedroom, 2.5-bath front house facing Douglas Avenue — fully remodeled while preserving the architectural grace of its 1904 origins — plus a completely updated triplex in the rear. All four units feature fresh interior and exterior paint, stainless steel appliances, gas stoves, quartz countertops, elegant fixtures, and new laminate wood floors. The triplex additionally benefits from new windows and updated electrical systems throughout, ensuring minimal near-term capital expenditure for the next owner.
Three single-car garages plus generous surface parking in the rear provide a rare amenity in this walkable, transit-rich location. The tree-lined Douglas Avenue setting, just steps from Burlingame's award-winning restaurant row, boutique retail, top-rated schools, and the Burlingame Caltrain Station, makes this an effortlessly rentable asset with consistently strong tenant demand and minimal vacancy risk.
With residential multi-family zoning permitting single-family, multi-family, and ADU uses — and with SFO International Airport just minutes away — 1124 Douglas Avenue represents the Peninsula income property that sophisticated investors wait years to find.