$5,200,000
$5,500,000
5.5%For more information regarding the value of a property, please contact us for a free consultation.
20 Highland AVE Burlingame, CA 94010
5 Beds
4 Baths
8,463 SqFt
Key Details
Sold Price $5,200,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,463 sqft
Price per Sqft $614
MLS Listing ID ML81879289
Sold Date 06/21/22
Bedrooms 5
Full Baths 4
Year Built 1924
Lot Size 10,000 Sqft
Property Description
20 Highland Avenue offers an investor the unique opportunity to acquire a truly unique Trophy Asset in an A+ Burlingame location with tremendous rental upside potential. Charming 1924 vintage architecture. All units benefit from extensive high-end renovations. Mix: (1) 2x1, (2) 1x1, (4) Jr 2x1s, (4) Jr 1x1s. Tenants walk into a secured interior corridor building with a fully updated entryway, stairwells and hallways. Recent upgrades include new dual pane windows throughout, new interior & exterior paint schemes, all units offer updated modern kitchens with a built-in work space, new countertops, cabinets, stainless steel appliances & lighting, renovated bathrooms with new quartz surround tubs, new luxury vinyl hardwood floors throughout and brand new washers & dryers in the Laundry Facility. The oversized lot consists of 15 open spaces in a large parking area and two 1-car garages at the front of the building that are each rented for $500 per month.
Location
State CA
County San Mateo
Area Burlingame Downtown Area
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Attached Garage, Parking Area, Private / Exclusive
Garage Spaces 2.0
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Building
Lot Description Grade - Level
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 029-242-180
Security Features Fire Escape,Security Lights
Special Listing Condition Not Applicable
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Bought with Steve Zirelli • Cornish & Carey Commercial