55 N El Camino Real - Apartments FOR SALE


San Mateo, CA 94401
$7,595,000 USD
650-589-6422
55 N El Camino Real, San Mateo, CA for Sale
$7,595,000 USD
Apartments - FOR SALE
1/23
null | 2.89% Cap Rate

55 N El Camino Real
San Mateo, CA 94401


OVERVIEW

Just reduced $400,000. This 18 unit 4 story apartment building has been privately owned by the same family for 49 years. The building features 15 one bedroom units, and 3 two bedroom, 2 bath units. Building also features a small pool, sundeck, underground parking, elevator, extra storage and a trash chute. One of the best locations in Burlingame, just a short walk to Burlingame Avenue shops and restaurants.

FOR SALE DETAILS

PRICE

$7,595,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

18

PRICE/UNIT

$421,944

CAP RATE

2.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1961

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,443 SF

ZONING

-

APN/PARCEL ID

028-302-010

ASK ABOUT THIS PROPERTY

Evan GodfreyKenny RealtyMore Info
650-589-6422

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Evan GodfreyKenny RealtyMore Info
650-589-6422

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.