Yvette Watson - Coldwell Banker Commercial Real Estate Solutions Logo
$2,995,000
( $613.35Per Sq Foot )
 $16,078 est/mo Sourced by Back At You

1140 El Camino Real,Burlingame, CA 94010

Burlingame, CA 94010

Share:

PreviousNext

Description

Rarely Available, A+ Broadway Burlingame Location. Walk to Broadway Shops and Cal-Train Station. Walk Score: 89, Bike Score: 81. Spacious 1 Bedroom / 1 Bath Units w/ Desirable Floorplans - Offering Possibility to Convert to 2 Bedroom / 1 Bath Floorplans to Increase NOI & Cap Rate. Low Operating Expense Ratio (30%). Individual Water Heaters (1 for Each Unit). Potential to Add Dishwashers and In-Unit Washer & Dryers. R-3 Zoning: Parcel Offers Medium/High Density Residential Development Potential in the Future. Capital Improvements Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Potential to Convert 6 Covered Carports (w/ 7' 6" ceiling) to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each). Consistently Strong Rents Driven by Convenient Location and Low-Supply Constraints. Strong Rental Demand. Easy Access to El Camino Real, 101, 280, and Major Silicon Valley Employers. Current CAP Rate (In-Place Rents): 3.75% / GRM (In-Place Rents): 17.6. Pro-Forma CAP Rate (Market Rents): 4.70% / GRM (In-Place Rents): 15. Reasonable Cost/SF: $613/SF. Please DO NOT DISTURB Tenants. Thank you!

Details

MLS #ML82043505
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1952
Days On Site153
Listing Provided ByColliers Parrish International, Inc. | Don Sung

Features

SQ Feet4,883
Car PortYes
Units6
Building(s)1
ZoningR-3
Acreage0.14

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

RoofFoam
Lot FeaturesLevel

Taxes

Property34793

Area Information

StateCA
CountySan Mateo
CityBurlingame
Zip Code94010
Area699 Not Defined
Listing VS Median (in 94010)
Price:
$2,995,000
low | high
Med:
$2,945,000
51.669449081803% of Average
sqft:
4,883
low | high
Med:
3,710
74.032357157485% of Average
$ / sqft:
$613
low | high
Med:
$877
6.94082013661% of Average
On site:
153
low | high
Med:
83.5
100% of Average
Sourced by Back At You

Market Activity 94010

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Yvette Watson

Yvette Watson

Coldwell Banker Home Source

02046244 (909) 489-6340yvette.watson@cbhomesource.com
StateCA
CountySan Mateo
CityBurlingame
Zip Code94010
Area699 Not Defined
Listing VS Median (in 94010)
Price:
$2,995,000
low | high
Med:
$2,945,000
51.669449081803% of Average
sqft:
4,883
low | high
Med:
3,710
74.032357157485% of Average
$ / sqft:
$613
low | high
Med:
$877
6.94082013661% of Average
On site:
153
low | high
Med:
83.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.246M - $3.743M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
1120 Chula Vista Avenue Property Photo 1
$2,300,000
1120 Chula Vista Avenue
Burlingame, CA 94010
Listing Updated: August 21, 2026 at 10:54:21 PM PDT

Yvette Watson - Coldwell Banker Commercial Real Estate Solutions