$3,350,000
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1105 Paloma AVE Burlingame, CA 94010
9 Beds
4 Baths
4,460 SqFt
Key Details
Sold Price $3,350,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,460 sqft
Price per Sqft $751
MLS Listing ID ML81874145
Sold Date 02/11/22
Bedrooms 9
Full Baths 4
Year Built 1947
Lot Size 5,750 Sqft
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
Location
State CA
County San Mateo
Area Burlingame Terrace-Easton Addition
Zoning R3
Rooms
Kitchen Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Oven Range - Gas, Refrigerator
Interior
Heating Central Forced Air - Gas
Cooling None
Laundry Washer / Dryer
Exterior
Parking Features Covered Parking, Detached Garage, Parking Area
Garage Spaces 4.0
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Shingle
Building
Lot Description Regular
Story 2
Foundation Concrete Perimeter and Slab, Crawl Space
Sewer Sewer - Public
Water Individual Water Meter, Public
Level or Stories 2
Others
Tax ID 026-211-110
Security Features Secured Garage / Parking,Security Lights
Horse Property No
Special Listing Condition Not Applicable
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Bought with RECIP • Out of Area Office