1111 Laguna, Burlingame, California 94010, Burlingame, 94010 - 6 bed, 4 bath

1111 Laguna, Burlingame, California 94010 home-pic-0

1111 Laguna

Burlingame, California 94010

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
6Beds
4Baths
3,050Sq Ft
5,750Lot Size

Property Price

LIST PRICE$2,999,000
EST. MARKET VALUE
$3,266,495
8% BelowMARKET VALUE

SUMMARY

Analysis of 1111 Laguna, Burlingame, California 94010 reveals a Prime Investment Opportunity with a current list price of $2,999,000—significantly undercutting the $3,266,495 Fair Market Value by 8%. This valuation gap indicates a +$267,495 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Burlingame Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$3,266,495 +$267,495 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Burlingame.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1111 Laguna
Subject
$2,999,000*
List Price
643,050$1,071-
A
838 Walnut Avenue
Sold
$3,500,000442,970$1,1780.4 mi
B
519 Francisco Drive
Sold
$2,800,000432,355$1,1890.9 mi
C
1308 Montero Avenue
Active
$3,500,000
List Price
443,240$1,0800.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Despite its 1932 construction, the property has undergone extensive recent renovations that align with current luxury standards. The interior features modern open-plan kitchens, updated bathrooms, and hardwood flooring throughout. The addition of air conditioning, separate utility meters, and high-end tropical landscaping, combined with the property's move-in ready condition and recent price appreciation, indicates a comprehensive update within the last five years.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    High School: Burlingame High School (9/10).

  • Dual-Income Potential

    This updated duplex features separate addresses and utility meters, making it an ideal investment for rental income, multi-generational living, or a 'live-in one, rent the other' strategy.

  • Prime Downtown Location

    Boasting exceptional walkability, the property is located just around the corner from Broadway Avenue’s vibrant shopping, dining, and the Caltrain station, offering a highly desirable urban-suburban lifestyle.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3050, other record living area = 2760. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.

  • Recently Sold Property

    The property was recently sold within the past year on 2025-03-25. The sold price is $2,200,000.00.

  • Historic Infrastructure

    Originally built in 1932, the property may require more frequent maintenance or specialized care typical of older structures, despite the modern interior updates.

About 1111 Laguna

A Very Rare Find!! This Updated Duplex Sits On A Prime Lot In Downtown Burlingame. Separate Addresses, Gas And Electric Meters. The Ideal Setup For Rental Income, Extended Family Living, Or A Combination Of Both. Thoughtfully Designed Lush Tropical Landscaping Welcome You In. Private Decks And Shaded Patios Cultivating An Atmosphere Of Understated Serenity. 2 Self-Contained Units. The Main Residence Offers 4 Bedrooms And 3 Bathrooms, An Open-Plan Kitchen, Dining Area, A Comfortable Living Room Complete With A fireplace. Lots Of Closet Space Throughout. The Attached 2 Bedroom, 1 Bathroom Unit Features A Private Entrance, Kitchen, Dining And Living Area That Open To A Fenced Backyard. Light And Bright. Hardwood Floors, A/C. Each Unit Equipped With Their Own Laundry Areas. Detached Garage Plus A Carport. Unbeatable Located, Around The Corner From Vibrant Broadway Avenue Shopping, Restaurants, Farmers Market, Gym And Beauty Saloons. Walking Paths And Multiple Parks, Golf Courses Nearby. Caltrain. Minutes To San Francisco International Airport. Seamless Freeway Access To Both Silicon Valley And San Francisco. Located In The Highly Regarded Burlingame School District.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1932
Lot Size
5,750 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Burlingame Unified Schools

Roosevelt Elementary School

Grades K-5 • 0.5 mi

7/10

McKinley Elementary School

Grades K-5 • 0.5 mi

8/10

Burlingame Intermediate School

Grades 6-8 • 1.3 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.03.0
97%
Baths4.03.0
63%
Square foot3,0502,440
67%
Lot Size5,7508,262
17%
Price$3.00M$3.63M
36%
Price per sq ft$983$1.6K
1%
Built year19321949
30%
HOA$0$0
50%
Days on market37141
9%

Pricing History

Listed for Sale

Feb 10, 2026

$2,999,000

$3,150,000

-5% Price Drop

Initial Listing

Price Change

Jan 30, 2026

$3,150,000

Initial Listing

Price Change

Jan 29, 2026

$2,980,000

Initial Listing

Sold

Mar 25, 2025

$2,200,000

Public Record

Sold

Oct 26, 2021

$2,350,000

Public Record

Sold

May 27, 2008

$1,199,000

Public Record

Sold

Sep 12, 2003

$750,000

Public Record

Browse Properties by State Browse housing market trends by state