Skip To Content

1105 Paloma Ave

Burlingame, CA 94010
  • $3,140,000
  • STATUS: Active
  • ON SITE: 8 Days
  • ID#: ML81874145
UPDATED: 26 min ago
$3,140,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,460
    SQFT
  • $704
    $/SQFT
Type:
Multi-Family
Built:
1947
County:

School Ratings & Info

Description

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

Monthly Payment Calculator



© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-20T19:53:33.773. 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. DX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

Licensed in the State of California.
www.dominicnicoli.com/homes/124657340
Print Image

1105 Paloma Ave Burlingame, CA 94010

  • Price: $3,140,000
  • Status: Active
  • On Site: 8 Days
  • Updated: 26 min ago
  • ID#: ML81874145
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,460
SQFT
$704
$/SQFT
1947
Built
Neighborhood:
Burlingame Terrace-Easton Addition
County:
San Mateo
Area:
Burlingame Terrace-Easton Addition
Property Description
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
Exterior Features

Foundation Concrete Perimeter And SlabCrawl Space Garage Parking Covered ParkingDetached GarageParking Area Lot Description Regular Number Of Buildings 1 Parking Spaces 2 Pool YN No Roof Shingle Stories 2

Interior Features

Beds Unit1 2 Beds Unit2 2 Beds Unit3 3 Beds Unit4 2 Cooling None Heating Central Forced Air - Gas Kitchen Features Countertop - GraniteDishwasherExhaust FanGarbage DisposalHookups - Ice MakerOven Range - GasRefrigerator Laundry Washer / Dryer Sq Ft Unit1 844 Sq Ft Unit2 844 Sq Ft Unit3 1160 Sq Ft Unit4 844 Structure Sq Ft 4460

Property Features

Accessibility Features Grab BarsParking Additional Listing Info Not Applicable City Limits Yes City Name Burlingame Cross Street Carmelita Ave Hoa YN No Horse Property YN No Lot Size Area Maximum 5750.00 Meters Separate ElectricSeparate GasSeparate Water Property Sub Type Fourplex Rent Unit1 2995 Rent Unit2 3200 Rent Unit3 3300 Rent Unit4 3000 Security Features Secured Garage / ParkingSecurity Lights Sewer Septic Sewer - Public Sq Ft Source Assessor Utilities Individual Electric MetersIndividual Gas Meters Water Individual Water MeterPublic Zoning R3

© 2022 MLSListings Inc. All rights reserved. Listing provided courtesy of Don Sung of Colliers Parrish International.


© 2022 MLSListings Inc. Based on information from MLSListings MLS as of 2022-01-20T19:53:33.773. 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. DX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Intero Real Estate.

Licensed in the State of California.
 
https://bt-photos.global.ssl.fastly.net/siliconv/1280_boomver_3_81874145-2.jpg https://bt-photos.global.ssl.fastly.net/siliconv/1280_boomver_3_81874145-2.jpg https://bt-photos.global.ssl.fastly.net/siliconv/1280_boomver_3_81874145-2.jpg
Logo
Intero Real Estate
496 First Street, Ste 200
Los Altos CA, 94022