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$3,900,000
Est. payment /mo
6,202 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82013602
HOA Y/N No
Year Built 1959
Annual Tax Amount $44,796
Lot Size 6,202 Sqft
Property Description
Presenting 2 Arundel Road, an exceptional 6-unit multifamily investment in the heart of Burlingame, one of the Bay Area's most coveted rental markets. This ±7,182 SF building sits on a ±6,205 SF lot and features a desirable unit mix of four 1-bed/1-bath and two 2-bed/1-bath units, each designed for consistent tenant demand and long-term rent growth. With current rents already producing strong income and clear upside potential through pro-forma increases, this asset offers a rare opportunity to secure long-term cash flow in a supply-constrained, high-demand submarket. The building includes six dedicated garage spaces, on-site laundry, low-maintenance landscaping, and separately metered gas and electric utilities-features that reduce operational overhead and attract quality tenants.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Cooling None
Fireplace No
Exterior
Roof Type Composition,Shingle
Total Parking Spaces 6
Building
Lot Description Level
Water Public, Other
Schools
School District Other
Others
Tax ID 029292160
Special Listing Condition Standard
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Listed by Vic Aenlle,CCIM Coldwell Banker Realty