1500 Newlands Avenue, Burlingame (94010)
$12,750,000
26 
0
25,767
PROPERTY DETAILS
| Address: |
view address Burlingame, CA 94010 Map Location |
Features: | Furnished |
|---|---|---|---|
| Bedrooms: | 26 | Square Feet: | 25,767 sq.ft. |
| Lot Size: | 0.35 acres | Year Built: | 1967 |
| Property Type: | Multi Family | County: | San Mateo |
| Listing Number: | 424023977 | Listed By: | Coldwell Banker Commercial Rea |
PROPERTY DESCRIPTION
1500 Newlands Avenue is a well-constructed elevatored 20-unit apartment with secured parking for 24 cars and 21 storage lockers. It features a mix of (6) Two-Bedroom/1 Bathroom and (14) One-Bedroom/1 Bathroom units, all have a private patio or balcony. Current ownership has implemented a renovation program for 17 out of 20 units, giving a clear and proven plan for considerable rental upside upon turnover. Renovated units feature an in-unit washer/dryer, hardwood flooring, and recessed lighting. Renovated kitchens feature modern stainless steel appliances, granite countertops, tile backsplash, and shaker cabinetry. Bathrooms have sleek tiling with high-end shower heads and faucets. The building recently had new exterior and interior painting, brand new water-efficient landscaping, a new sewer main, and a security camera system throughout. This is a rare opportunity for investors to acquire an efficiently operated trophy property in a low-density A+ Location, on a prominent corner, just 3 short blocks from Burlingame Avenue.
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Interior
| Furnished: | Yes |
Exterior
| Automatic Garage Door Opener: | Yes | Leased Units: | 1.00 |
| Living Square Feet: | 25,767.00 | Parking Spaces: | 24.00 |
Property and Lot Details
| Lot Acres: | 0.35 | Lot Sqft: | 15,298.27 |
| Transaction Type: | Sale | Year Built: | 1967 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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