1500 Newlands Avenue
Burlingame, CA 94010
- 26 beds
- – baths
- 25,767 sqft
- 15,300 sqft lot
- $465 per sqft
- 1967 build
- – on site
1500 Newlands Avenue is a well-constructed elevatored 20-unit apartment with secured parking for 24 cars and 21 storage lockers. It features a mix of (6) Two-Bedroom/1 Bathroom and (14) One-Bedroom/1 Bathroom units, all have a private patio or balcony. Current ownership has implemented a renovation program for 17 out of 20 units, giving a clear and proven plan for considerable rental upside upon turnover. Renovated units feature an in-unit washer/dryer, hardwood flooring, and recessed lighting. Renovated kitchens feature modern stainless steel appliances, granite countertops, tile backsplash, and shaker cabinetry. Bathrooms have sleek tiling with high-end shower heads and faucets. The building recently had new exterior and interior painting, brand new water-efficient landscaping, a new sewer main, and a security camera system throughout. This is a rare opportunity for investors to acquire an efficiently operated trophy property in a low-density A+ Location, on a prominent corner, just 3 short blocks from Burlingame Avenue.
Listing courtesy of SFMLS / Coldwell Banker Commercial Realty
Last checked:
Checking…
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Last updated Dec 7, 2024
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MLS# 424023977 —
The Building
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Year Built:1967
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Year Built Source:Assessor Auto-Fill
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Levels:Two
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Building Area Total:25767
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Building Area Units:Square Feet
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Building Area Source:Assessor Auto-Fill
Room Dimensions
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Living Area:25767
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Living Area Units:Square Feet
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Living Area Source:Assessor Auto-Fill
Location
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Cross Street:El Camino Real
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Latitude:37.57536109999999
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Longitude:-122.3469306
The Property
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Parcel Number:028292300
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Property Type:Residential Income
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Property Sub Type:Multi Family
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Lot Features:Landscape Front
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Lot Size Area:15300
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Lot Size Acres:0.3512
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Lot Size Square Feet:15300
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Lot Size Units:Square Feet
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Irrigation Water Rights:false
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Elevation Units:Feet
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Bedrooms Total:26
The Community
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Association:false
Parking
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Garage:true
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Carport:false
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Parking Total:24
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Parking Features:Garage Door Opener
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/21/24
Nov 21, 2024
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Relisted | SFMLS | $12,000,000 | -2.0% |
10/8/24
Oct 8, 2024
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Pending | SFMLS | $12,250,000 |