508 El Camino Real, Burlingame, CA 94010
- $2,900,000
- 8,607
- SqFt
Listed by Carlos Azucena, 408-205-2679 from Marcus & Millichap
(If provided) CoList: from
Sold listing courtesy of Carlos Azucena from M&MKW
- Sold Price
- $2,900,000
- List Price
- $3,198,000
- Closing Date
- Dec 26, 2025
- MLS#
- ML82025573
- Status
- SOLD
- Sqft. of Residence
- 8,607
- Lot Size
- 8,389
- Listing Area
- Burlingame Downtown Area
- Year Built
- 1976
Property Description
508 El Camino Real is an eight-unit multifamily property located two blocks from Burlingame Avenue. Excellent price per unit at less than $400,000 per unit. Strong in-place rents with room to increase them and excellent value-add potential through upgrades and remodeling. Currently, the highest cap rate in the market. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the downtown.
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Additional Information
- Acres
- 0.19
- Age
- 49
- Cooling System
- None
- Foundation
- Concrete Slab
- Garage Parking
- Carport, Parking Area
- Heating System
- Electric
- Living Area
- 8,607
- Lot Size
- 8,389
- Neighborhood
- Burlingame Downtown Area
- Other Utilities
- Individual Electric Meters
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Zoning
- R30000
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