Listing ID: ML81874145
Price: $3,140,000
Status: Active
Address: 1105 Paloma AVE
City: BURLINGAME
State: California
Postal Code: 94010
SqFt: 4,460
Acres: 0.132
County: San Mateo
BURLINGAME
CA
94010
Buy an Asset, Not a Liability: Live in 1 Unit and Receive Low-Maintenance Rental Income From Other 3 Quality Units! AAA+, Irreplaceable Location-Half Block Walk From Broadway Burlingame (Walkscore: 80), Easy 101 Access. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area. 4 Spacious Units: 2 BR/1 BA: 844 SF; and 3 BR/1 BA: 1,160 SF. Owner Renovated All Units. Each Unit Offers: Central Forced Air Gas Furnace, Stainless Kitchen (Dishwasher, Gas Range). In-Unit Washer & Dryer in ALL UNITS. Tenants Pay Own Water & PG/E Meters. Owner Pays Garbage and Gardener. Nice Floorplans, Providing Investors With Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (Walk to Shops)-Little to No Apartments for Sale. Scarce Inventory and Low Transaction Velocity. Property Offers Excellent Hedge Against Inflation-High-Quality Asset in Excellent Location Providing Steady Cashflow and Value Preservation & Appreciation

Primary Features

County: San Mateo
Property Type: Residential Income
Year Built: 1947

Additional

Additional Listing Info: Not Applicable
Age: 75
Building Unit Total: 4
Foundation: Concrete Perimeter and Slab, Crawl Space
Meters: Separate Electric, Separate Gas, Separate Water
Number of Buildings: 1
Original Listing ID: 81874145
Parcel Number: 026-211-110
Sewer Septic: Sewer - Public
Special Features: Grab Bars, Parking
Structure SqFt: 4460
Structure SqFt Source: Assessor
Property Sub Type: Fourplex
Water: Individual Water Meter, Public

Location Information

Area: Burlingame Terrace-Easton Addition
Area ID: 465
City Limits: yes
Cross Street: Carmelita Ave
State or Province 1: 5

Interior Features

Cooling: None
Heating: Central Forced Air - Gas
Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Oven Range - Gas, Refrigerator
Laundry: Washer / Dryer
Unit 1 Number of Bedrooms: 2
Unit 2 Approximate SqFt: 844
Unit 2 Number of Bedrooms: 2
Unit 3 Approximate SqFt: 1160
Unit 3 Number of Bedrooms: 3
Unit 4 Approximate SqFt: 844
Unit 4 Number of Bedrooms: 2
Unit Type 1 Approximate SqFt: 844

External Features

Garage Parking Features: Covered Parking, Detached Garage, Parking Area
Lot Description: Regular
Lot Size Area Maximum Units: Square Feet
Maximum Lot Size: 5750
Minimum Lot Size: 5750
Roof: Shingle

Financial Details

Unit 1 Rent: 2995
Unit 2 Rent: 3200
Unit 3 Rent: 3300
Unit 4 Rent: 3000

Zoning Info


Listing courtesy of Don Sung, Colliers Parrish International
© 2022 MLSListings Inc. All rights reserved. Based on information from the MLSListings MLS as of Wednesday, January 19th, 2022 11:39:43 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Contact - Listing ID ML81874145

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Val Krysov

1125 Balclutha Dr #205
Foster City, CA 94404
Phone: 4153858949

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Realty Financial

(415) 385-8949

valkrysov@realtyfinancial.com

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