
Burlingame, California 94010
This Triplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $3,200,000—positioned slightly above the $3,083,952 Fair Market Value. Featuring an Excellent Condition Rating due to extensive modern renovations, this property offers a turnkey solution with quartz countertops and updated electrical. Located near the Burlingame Caltrain Station and the top-rated Burlingame High School (9/10), it provides a rare blend of rental demand and lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand, low-maintenance multi-family property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 Douglas Avenue Subject | $3,200,000* List Price | 0 | 0 | 4,646 | $664 | - |
A 806 Edgehill Drive Sold | $2,910,000 | 0 | 0 | 4,691 | $620 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations across all three units, featuring modern kitchens with quartz countertops and stainless steel appliances, updated bathrooms, new laminate flooring, and fresh paint. Key systems have also been addressed with updated electrical and new windows, meeting the criteria for a high-quality, low-maintenance asset.
High School: Burlingame High School (9/10).
The property is ideally situated within walking distance of Burlingame Avenue’s premier dining and retail corridor, the Caltrain station, and top-rated schools like Burlingame High.
Extensive renovations across all three units—including quartz countertops, stainless steel appliances, and updated electrical—provide a move-in-ready investment with reduced immediate capital expenditure.
Despite modern cosmetic and systemic updates, the 1904-vintage structure may present ongoing maintenance challenges or hidden complexities typical of century-old properties.
Accommodating three separate units and three garages on a 5,931-square-foot lot results in minimal private outdoor space, which may be a drawback for certain tenant profiles.
Century 21 Masters presents 1124 Douglas Avenue, an updated three-unit multifamily property in Downtown Burlingame. The 1904-vintage asset blends preserved architectural character with extensive modern improvements. The offering includes a 3-bed, 2.5-bath front residence on Douglas Avenue plus an updated duplex at the rear. All three units feature fresh interior/exterior paint, stainless steel appliances, gas ranges, quartz countertops, updated fixtures, and laminate wood flooring. The duplex also has new windows and updated electrical. The property includes three single-car garages plus additional surface parking. Located near Burlingame Avenue's restaurant and retail corridor, public schools, and the Burlingame Caltrain Station. Zoned residential multi-family; buyers should verify all permitted uses, including single-family, multi-family, or ADU scenarios, with the City of Burlingame. Convenient access to U.S. 101, El Camino Real, and SFO. Information deemed reliable but not guaranteed. Buyers to conduct independent investigation of all material matters including condition, zoning, permitted uses, income, expenses, and applicable laws.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,646 | 4,668.5 | 50% |
| Lot Size | 5,931 | 5,590.5 | 50% |
| Price | $3.20M | $3.06M | 50% |
| Price per sq ft | $689 | $774 | 50% |
| Built year | 1904 | 1976 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 114 | 25% |
May 12, 2026
$3,200,000
Initial Listing
Apr 22, 2022
$3,500,000
Public Record
Aug 9, 2017
$2,000,000
Public Record