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12 Lorton Ave
Burlingame, CA 94010
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Rare opportunity to acquire turn-key investment property in Downtown Burlingame
- Located 2-blocks from Burlingame Avenue's upscale shopping, restaurants, cafes & more
- Exceptionally well maintained and completely renovated interior & exterior
Property Facts
| No. Units | 8 | Building Size | 5,652 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Building Class | C | Year Built | 1909 |
| Lot Size | 0.14 AC | Parking Ratio | 1.42/1,000 SF |
| Zoning | RM0000 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,652 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1909 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | RM0000 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 500 |
| 1+1 | 7 | - | 1,000 |
Property Taxes
| Parcel Number | 029-241-210 | Improvements Assessment | $2,346,000 |
| Land Assessment | $2,754,000 | Total Assessment | $5,100,000 |
Property Taxes
Parcel Number
029-241-210
Land Assessment
$2,754,000
Improvements Assessment
$2,346,000
Total Assessment
$5,100,000
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