1441 Bellevue Avenue, Burlingame, CA, CA 94010

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List Price
$4,900,000
Status
ACTIVE
MLS#
ML82065781
County
San Mateo
Zoning
n/a
Year Built
1936
Square Feet
7,722
Lot Size (acres)
0.3074
Days on Market
6
Property Type
Commercial

Property Description

1441 Bellevue Avenue (the Property), a highly unique eight-unit multifamily opportunity in the heart of Burlingame, one of the Bay Areas most desirable and supply-constrained submarkets. Originally constructed in 1936, the Property has been exceptionally maintained, preserving its distinctive vintage character while offering residents a high-quality living environment in Downtown Burlingame. The Property includes three cottages situated at the rear of the site and accessed by a pedestrian bridge, creating a private residential setting that cannot be replicated along with five charming residences in the front building. Situated near Downtown Burlingame, 1441 Bellevue provides residents with immediate access to the citys collection of shopping, dining, entertainment, and amenities. The Property benefits from excellent regional connectivity, located within 0.5 miles of the Burlingame Caltrain Station, as well as access to Burlingames highly regarded public schools, further enhancing its appeal. 1441 Bellevue combines an irreplaceable Burlingame location and truly unique physical character with exceptional operating performance, offering investors a rare opportunity to acquire a one-of-a-kind multifamily investment in one of the strongest submarkets nationally

Additional Information

Taxes
$56,905
Parcel Number
029121050
Gross Scheduled Income
$328,314
Utilities
Natural Gas Available
Heat
Forced Air, Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Shingle
Water
Public
School District
Other

Listing courtesy of Listing Agent: Adam Foley (adam.foley@cbre.com) from Listing Office: CBRE, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.