$3,100,000
$2,988,888
3.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
5,286 SqFt
SOLD DATE : 04/29/2022
Key Details
Sold Price $3,100,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,286 sqft
Price per Sqft $586
MLS Listing ID ML81880815
Sold Date 04/29/22
Bedrooms 5
Full Baths 3
Year Built 1969
Lot Size 5,750 Sqft
Property Description
1124 Paloma Ave is a stunning 5-unit apartment community located along the Broadway Business District and less than a mile from downtown Burlingame, Ca. Situated on a 5,750 sqft parcel of land, the subject property was originally constructed in 1969 and has a gross building area of approximately 5,286 sqft, offering its tenants beautifully designed two-bedroom and three-bedroom floor plans. 1124 Paloma Ave offers tenants and residents close proximity to both Downtown Burlingame (1.2 mi) and the Broadway Business District (one block). Both districts feature a growing variety of locally owned businesses, shops, and boutiques, along with many restaurants. Many of the nation's top employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others are located within close proximity to the subject property. In addition, the subject property provides residents and tenants convenient access to U.S. Route 101, Interstate 280, and the San Mateo-Hayward Bridge.
Location
State CA
County San Mateo
Area Burlingame Terrace-Easton Addition
Zoning R-3
Interior
Heating Wall Furnace
Cooling Ceiling Fan
Exterior
Parking Features Assigned Spaces, Carport
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Composition
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public, Water On Site
Others
Restrictions None
Tax ID 026-193-190
Security Features None
Special Listing Condition Not Applicable
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Bought with Adam S. Levin • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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