Burlingame, CA 94010,1105 Paloma AVE
Burlingame, CA 94010,1105 Paloma AVE
Burlingame, CA 94010,1105 Paloma AVE
$3,350,000
Est. payment /mo
$3,140,000
6.7%
Est.Price: ?

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4,460 SqFt
SOLD DATE : 02/11/2022

Key Details

Sold Price $3,350,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,460 sqft

Price per Sqft $751

MLS Listing ID ML81874145

Sold Date 02/11/22

HOA Y/N No

Year Built 1947

Annual Tax Amount $36,467

Lot Size 5,749 Sqft

Property Description

Buy an Asset, Not a Liability: Live in 1 Unit and Receive Low-Maintenance Rental Income From Other 3 Quality Units! AAA+, Irreplaceable Location-Half Block Walk From Broadway Burlingame (Walkscore: 80), Easy 101 Access. Easy to Manage, w/ Excellent Tenants. High-Demand Rental Area. 4 Spacious Units: 2 BR/1 BA: 844 SF; and 3 BR/1 BA: 1,160 SF. Owner Renovated All Units. Each Unit Offers: Central Forced Air Gas Furnace, Stainless Kitchen (Dishwasher, Gas Range). In-Unit Washer & Dryer in ALL UNITS. Tenants Pay Own Water & PG/E Meters. Owner Pays Garbage and Gardener. Nice Floorplans, Providing Investors With Ease of Rental & Hassle-Free Management. Extremely Supply-Constrained Core-Burlingame Market (Walk to Shops)-Little to No Apartments for Sale. Scarce Inventory and Low Transaction Velocity. Property Offers Excellent Hedge Against Inflation-High-Quality Asset in Excellent Location Providing Steady Cashflow and Value Preservation & Appreciation

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Cooling None

Fireplace No

Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan

Exterior

Garage Covered

Garage Spaces 4.0

Carport Spaces 4

Garage Description 4.0

View Y/N No

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Water Public

Schools

Elementary Schools Roosevelt

Middle Schools Other

High Schools Burlingame

School District Other

Others

Tax ID 026211110

Security Features Security Lights

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Don Sung • Colliers Parrish International
Bought with RECIP • Out of Area Office

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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