Burlingame, CA 94010,1140 El Camino Real
Burlingame, CA 94010,1140 El Camino Real
Burlingame, CA 94010,1140 El Camino Real
52
See all 52 photos
$2,995,000
Est. payment /mo
Save
6,155 Sqft Lot
Active

1140 El Camino Real Burlingame, CA 94010

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Fri
30
Jan
Sat
31
Jan
Sun
1
Feb
Frank Sottile

Frank Sottile

+1(760) 952-0019

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82022957

HOA Y/N No

Year Built 1952

Annual Tax Amount $34,017

Lot Size 6,155 Sqft

Property Description

A+ LOCATION! HUGE Upside w/ Spacious Units. Easy to Lease and Manage. Rarely Available. Walk to Broadway Shops and Cal-Train Station. Walk Score: 90, Bike Score: 81. 6-Units w/ Strong Historical Tenancy, Low Turnover and Little to No Vacancy. 6 Spacious 1 BR/1 BA Units w/ Desirable Floorplans. Low Operating Expense Ratio (30%). Tenants Pay In-Unit PG & E and Reimburse Owner for Water. Potential to Implement Full RUBS Program. Add Dishwashers and In-Unit Washer & Dryers, Conduct Minor In-Unit Upgrades to Achieve Higher Market Rent/Higher CAP Rate. First Time on Market in 13 Years. R-3 Zoning: Offers Medium/High Density Residential. Excellent Long-Term Development/Assemblage Potential. Front of Property Offers 3 Easy to Access, Uncovered Parking Spaces. Adjacent Properties (Chase Bank & USPS) Offer Temp. Overflow Parking for Visitors. Potential to Convert 6 Covered Carports to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each) on Ground Floor. 2 Additional Ground Floor ADU's Offer $600,000 ($5,000/Month). Cap. Ex. Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Strong Rents Driven by Convenient Location and Low-Supply. Consistently Strong Rental Demand. Proven Track-Record of Reliable Incoming Generation. Please DO NOT DISTURB TENANTS.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-3 Medium/High Density R

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Carport Spaces 6

Roof Type Other

Total Parking Spaces 3

Building

Water Public

Schools

School District Other

Others

Tax ID 026212230

Special Listing Condition Standard

CRMLS – RECore
Listed by Don Sung Colliers Parrish International, Inc.

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Hoover Elementary School

    Public | KG - 5

  • 9

    West Hillsborough School

    Public | KG - 5

  • 9

    South Hillsborough School

    Public | KG - 5

  • 9

    North Hillsborough School

    Public | KG - 5

  • 9

    College Park Elementary School

    Public | KG - 5

  • 9

    Lincoln Elementary

    Public | KG - 5

  • 9

    Franklin Elementary School

    Public | KG - 5

  • 9

    Green Hills School

    Public | KG - 5

  • 8

    Baywood Elementary School

    Public | KG - 5

  • 8

    McKinley Elementary School

    Public | KG - 5

  • 8

    Washington Elementary

    Public | KG - 5

  • 7

    Roosevelt School

    Public | KG - 5

  • 7

    Spring Valley School

    Public | KG - 5

  • 5

    Lomita Park School

    Public | KG - 5

  • 4

    San Mateo Park Elementary

    Public | KG - 5

  • 1

    Belle Air Elementary

    Public | KG - 5

  • 0

    La Petite Montessori

    Private | PK - KG

  • 0

    Tulane Montessori Children's House

    Private | PK - TKG

  • 0

    The Nueva School

    Private | PK - 11

  • 0

    St Matthew's Episcopal Day School

    Private | PK - 8

Middle Schools 6
  • 9

    Crocker Middle School

    Public | 6 - 8

  • 9

    Burlingame Intermediate

    Public | 6 - 8

  • 7

    Taylor Middle School

    Public | 6 - 8

  • 6

    Borel Middle School

    Public | 6 - 8

  • 0

    Fusion Academy San Mateo

    Private | 6 - 12

  • 0

    Crystal Springs Uplands School

    Private | 6 - 12

High Schools 6
  • 10

    Aragon High School

    Public | 9 - 12

  • 9

    Burlingame High School

    Public | 9 - 12

  • 9

    Mills High School

    Public | 9 - 12

  • 7

    San Mateo High School

    Public | 9 - 12

  • 7

    Capuchino High School

    Public | 9 - 12

  • 0

    Mercy High School

    Private | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Frank Sottile

Frank Sottile

Broker Associate | License ID: 00900300

+1(760) 952-0019

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of RE/MAX Lakeside, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1140 El Camino Real

QUICK SEARCH