508 El Camino Real, Burlingame, CA 94010

$2,900,000
8,607
SqFt
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Sold Price
$2,900,000
List Price
$3,198,000
Status
CLOSED
MLS#
ML82025573
Closing Date
Dec 26, 2025
Year Built
1976
Property Type
Other
Living Area
8,607
Lot Size
8,389
Acres
0.19
County
San Mateo
Subdivision
Ca
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Property Description

508 El Camino Real is an eight-unit multifamily property located two blocks from Burlingame Avenue. Excellent price per unit at less than $400,000 per unit. Strong in-place rents with room to increase them and excellent value-add potential through upgrades and remodeling. Currently, the highest cap rate in the market. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the downtown.

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Additional Information

Parking Features
Parking Lot
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Listing courtesy of Carlos Azucena from Marcus & Millichap. 408-205-2679

Selling Office: Marcus & Millichap.

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