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1132 Paloma Avenue

Burlingame, CA 94010
  • $2,825,000
  • STATUS: Active Under Contract
  • ON SITE: 45 Days
  • MLS #: ML81918090
Under Contract
UPDATED: 42 min ago
$2,825,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,095
    SQFT
  • $554
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

School District:
Listing Agent(s): Nathan Gustavson of Compass ((415) 874-5000) and Cameron Foster of Compass((415) 874-5000)


Description

Rare opportunity to purchase a fourplex in Burlingame's Broadway Neighborhood. This fourplex, located just a half-block from Broadway, has a nice mix of one 3-Bedroom/2-Bathroom, two 2-Bedroom/1-Bathroom and one 1-Bedroom/1-Bathroom unit. Unit 1 (2-Bedroom/1-Bathroom) has a spacious, private backyard. There are 3 large locking garages, and 5 carports for plenty of parking for the four units. All units have storage and onsite laundry. Steps away from shopping, groceries, and restaurants on Broadway, 1 mile from Hwy 101 onramp, and 3 blocks from CalTrain station for convenient commuting up and down the Bay. This is a great value add opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T07:37:15.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/136733725
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1132 Paloma Avenue Burlingame, CA 94010

  • Price: $2,825,000
  • Status: Active Under Contract
  • On Site: 45 Days
  • Updated: 42 min ago
  • MLS #: ML81918090
0
Beds
0
Baths
0
½ Baths
0.13
Acres
5,095
SQFT
$554
$/SQFT
1975
Built
Neighborhood:
699 - Not Defined
County:
San Mateo
Area:
699 - Not Defined
School District:
Other
Property Description
Rare opportunity to purchase a fourplex in Burlingame's Broadway Neighborhood. This fourplex, located just a half-block from Broadway, has a nice mix of one 3-Bedroom/2-Bathroom, two 2-Bedroom/1-Bathroom and one 1-Bedroom/1-Bathroom unit. Unit 1 (2-Bedroom/1-Bathroom) has a spacious, private backyard. There are 3 large locking garages, and 5 carports for plenty of parking for the four units. All units have storage and onsite laundry. Steps away from shopping, groceries, and restaurants on Broadway, 1 mile from Hwy 101 onramp, and 3 blocks from CalTrain station for convenient commuting up and down the Bay. This is a great value add opportunity!
Exterior Features

Carport Spaces 5 Carport YN Yes Parking Features CoveredOff Street Parking Total 0 Roof Other

Interior Features

Accessibility Features None Appliances DishwasherElectric OvenDisposalRefrigerator Flooring CarpetLaminateTile Heating Electric Heating YN Yes

Property Features

Association YN No Cap Rate 2.35 Garage YN Yes Gross Scheduled Income 122880 Insurance Expense 2728 Listing Agreement Exclusive Right To Sell Maintenance Expense 3800 Other Expense 982 Property Sub Type Quadruplex Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 31640 Trash Expense 0 Water Source Public Zoning R30000



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-24T07:37:15.273. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Nathan Gustavson of Compass ((415) 874-5000) and Cameron Foster of Compass((415) 874-5000)