Exceptional Opportunity for Commercial Residential Property in Prime Burlingame
Located on a picturesque tree-lined street in desirable Burlingame Terrace, this property includes 5 residential units and 1 commercial unit. One 2-bedroom/1 bath unit, one 1-bedroom, and one studio are located off of Edgehill Drive. Two 1-bedroom units and the commercial unit are located on California Drive. All units are occupied except for the studio which has been used by the current owners. The two-bedroom unit looks like a single-family house and includes a one car private garage. This could be the perfect owner's unit or combined with penthouse unit and studio as a single-family house. Incredibly flexible floor plan for multi generation family while preserving rental income. The commercial space is occupied by a long-term salon. The salon recently executed a new lease with term expiring in 2029. Great investment opportunity in A+ location.
Enjoy close proximity to vibrant Burlingame Ave, Broadway, Washington Park, top-rated schools, CalTrain, and major highways.
lease term
12 months6,318 Sq Ft
4,077 Sq Ft Exterior Space
Investment
Built in 1942
MLS/Listing ID ML82007539
Parking
Style - Mediterranean
Style - Traditional
Composition
Shake
Listing Courtesy of GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY, CHARLES GRIFFITH - 415-672-3263
Source of Data: MLSLISTINGS