Address not disclosed, Burlingame, CA 94010
$3,100,000
$2,988,888
3.7%
Est.Price: ?

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5,749 Sqft Lot

Address not disclosed Burlingame, CA 94010

Est. payment /mo
SOLD DATE : 04/29/2022

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Key Details

Sold Price $3,100,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81880815

Sold Date 04/29/22

HOA Y/N No

Year Built 1969

Annual Tax Amount $34,738

Lot Size 5,749 Sqft

Property Description

1124 Paloma Ave is a stunning 5-unit apartment community located along the Broadway Business District and less than a mile from downtown Burlingame, Ca. Situated on a 5,750 sqft parcel of land, the subject property was originally constructed in 1969 and has a gross building area of approximately 5,286 sqft, offering its tenants beautifully designed two-bedroom and three-bedroom floor plans. 1124 Paloma Ave offers tenants and residents close proximity to both Downtown Burlingame (1.2 mi) and the Broadway Business District (one block). Both districts feature a growing variety of locally owned businesses, shops, and boutiques, along with many restaurants. Many of the nation's top employers including Google, Facebook, Stanford, Box Inc., Visa, Sony as well as many others are located within close proximity to the subject property. In addition, the subject property provides residents and tenants convenient access to U.S. Route 101, Interstate 280, and the San Mateo-Hayward Bridge.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R-3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 5

Roof Type Composition

Building

Water Public

Schools

School District Other

Others

Tax ID 026193190

Financing Cash

Special Listing Condition Standard

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Listed by Robert Johnston Marcus & Millichap #01853816
Bought with Adam S. Levin Marcus & Millichap
Jessica Lam

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