Burlingame, CA 94010,20 Highland Avenue
Listed by Matthew Thomson β€’ Newmark Cornish & Carey
Bought with Steve Zirelli β€’ Cornish & Carey Commercial
$5,200,000
$5,500,000
5.5%
Est.Price: ?

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8,463 SqFt

20 Highland Avenue Burlingame, CA 94010

Est. payment /mo
SOLD DATE : 06/21/2022

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Key Details

Sold Price $5,200,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 8,463 sqft

Price per Sqft $614

MLS Listing ID ML81879289

Sold Date 06/21/22

HOA Y/N No

Originating Board Datashare MLSListings

Year Built 1924

Lot Size 10,000 Sqft

Property Sub-Type Other

Property Description

20 Highland Avenue offers an investor the unique opportunity to acquire a truly unique Trophy Asset in an A+ Burlingame location with tremendous rental upside potential. Charming 1924 vintage architecture. All units benefit from extensive high-end renovations. Mix: (1) 2x1, (2) 1x1, (4) Jr 2x1s, (4) Jr 1x1s. Tenants walk into a secured interior corridor building with a fully updated entryway, stairwells and hallways. Recent upgrades include new dual pane windows throughout, new interior & exterior paint schemes, all units offer updated modern kitchens with a built-in work space, new countertops, cabinets, stainless steel appliances & lighting, renovated bathrooms with new quartz surround tubs, new luxury vinyl hardwood floors throughout and brand new washers & dryers in the Laundry Facility. The oversized lot consists of 15 open spaces in a large parking area and two 1-car garages at the front of the building that are each rented for $500 per month.

Location

State CA

County San Mateo

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Window Features Double Pane Windows

Appliance Dishwasher, Refrigerator, ENERGY STAR Qualified Appliances

Building

Lot Description Level

Water Public

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Bay East AOR and Contra Costa AOR

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