508 El Camino Real, Burlingame, CA 94010

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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

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.

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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