Comm Ri Multi-units 5+ For Sale
8,625 Sqft - 21 Park Road, BURLINGAME, California 94010
Property Description
Rarely available, fully entitled and approved 7 Market-Rate Townhomes in Downtown Burlingame. Walk to Burlingame Ave and Caltrain station. Modern design offers higher Price Per SF, and also ease of rental, providing modern living and excellent Burlingame schools. One of the very few fully-approved, shovel-ready Townhouse projects in Downtown Burlingame, offering excellent opportunity to build and hold (3% Cap) or build and exit ($1,500/SF once completed) in timely manner.
Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81870881
Price : $5,600,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 8,625 Sqft
Year Built : 1915
Lot Area : 0.20 Sqft
Features
Heating System : Forced Air 1 Zone
Roof : Other
Address Map
Country : US
State : CA
County : San Mateo
City : BURLINGAME
Zipcode : 94010
Street : Park Road
Street Number : 21
Floor Number : 0
Longitude : W123° 39' 22.3''
Latitude : N37° 34' 30.7''
MLS Addon
Office Name : Colliers Parrish International
Building Type : Other
Area : Burlingame Downtown Area
Address : 21 Park Road
LA1User Code : MLL5063405
LA1Agent First Name : Don
LA1Agent Last Name : Sung
Status Category : Active
Tot # Parking Spaces : 0
Tot # of Units : 7
Zoning : RM00
List $/SqFt : $0
Age : 106
Apx Lot Sq Ft : 8,800 Sqft
Type of Building : Apt Complex
Annual Taxes : $103,500
Total Deposits : $0
DISABLED FEATURES : Other
ON-SITE PARKING DESC : Attached Garage
OPERATING EXPENSES : Insurance, Utilities
TENANT PAYS : Electric, Gas, Water, Trash
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 4.58
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $5,600,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 414000
Net Oper Income : 256680
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 21500
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 13.53
List Agent DRE Num. : 01935797
Filtered Address : 21 Park RD
LA1Agent License ID : 01935797
LA1Old Agent ID : 291520
LA1NRDS_ID : 191015601
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 029-223-130
Showing : Call Listing Agent
LO1Main Office ID : 67337
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 5600000
Address Search Number : 21
Listing Agent : 277976
Listing Office : 67337
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 3
Input Date : 22/11/2021 21:52:31
Update Date : 24/11/2021 00:11:58
PhotoTimestamp : 23/11/2021 10:46:04
First Photo Add Timestamp :
List Date : 22/11/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 22/11/2021
Price Date :
Off Market Date :
Status : Active
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 2
Cumulative DOMLS : 2
Unit # 1 # of Bedrooms: 2
Unit # 1 Approx. SqFt: 1174
Unit # 1 Rent: 4696
Unit # 2 # of Bedrooms: 2
Unit # 2 Approx. SqFt: 1194
Unit # 2 Rent: 4776
Unit # 3 # of Bedrooms: 2
Unit # 3 Approx. SqFt: 1491
Unit # 3 Rent: 5964
Unit # 4 # of Bedrooms: 3
Unit # 4 Approx. SqFt: 1224
Unit # 4 Rent: 4896
