Located in the heart of downtown Burlingame, this incredibly rare eight unit property is unlike any other in San Mateo County. Built in 1924, the sunlit, architectural gem comes with two grand ground floor “Owner type” units: one approximately 1,540 sq. foot two-bedroom 2 baths and a spacious approximately 1,295 sq. ft one bedroom both featuring a fireplace, formal dining room, inlaid hardwood floors, and one with stylish patio and other with 2 deck area. Structure warms with classic traditional detail. The remaining six one-bedrooms all boast formal feel with large rooms, inlaid hardwood floors with the two top floor roof top units offering views over the tree tops to downtown, lush parks and beyond. Secured with a stately entry, the approximate 7,300 + sq. ft structure beams with classic details and character and beautifully matured landscaped. Gated and secured 8 carport area with manicured landscaped hedging and a bonus “office” space area is a nice plus!
Yet, the perks of this property hardly end there. Offering a best-of Burlingame location, future tenants are just steps away from the town’s top-rated restaurants, luxury retail shops, multiple grocery stores, local cafes, a stunning public library and more. Walking distance from Caltrain, the property is also just minutes from key commuter routes such as Highway 101 and BART with San Francisco International Airport just a short drive away. Located just 30 minutes from two of the Bay Area’s most bustling epicenters, San Francisco and Silicon Valley, Burlingame is not only a coveted city for families, but now booms with young professionals due to the influx of technology companies, such as Facebook, acquiring space in or near town.
Between its spacious units, classic infrastructure and unbeatable location, this investment property is truly a one of a kind opportunity.
Gross income is suggested market.
