Burlingame, CA 94010,20 Highland AVE
Burlingame, CA 94010,20 Highland AVE
Burlingame, CA 94010,20 Highland AVE
Burlingame, CA 94010,20 Highland AVE
Burlingame, CA 94010,20 Highland AVE
Burlingame, CA 94010,20 Highland AVE
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$5,200,000

$5,500,000

5.5%
Est.Price: ?

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Est. payment /mo

5 Beds

4 Baths

8,463 SqFt


SOLD DATE : 06/21/2022

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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MLSListings Inc. (MLSListings)
Listed by Matthew Thomson • Newmark Cornish & Carey
Bought with Steve Zirelli • Cornish & Carey Commercial
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