
Burlingame, California 94010
This Turnkey Multi-Family Asset is listed at $3,200,000, representing a stable acquisition aligned with its $3,083,952 Fair Market Value. The property holds an Excellent Condition Rating following an extensive remodel of the 1904-vintage front house and rear triplex, now featuring Quartz Countertops, Stainless Steel Appliances, and updated electrical systems. Located blocks from Downtown Burlingame and the 9/10 rated Burlingame High School, the asset commands premium rents in a high-demand, supply-constrained market. This is an ideal opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, high-appreciation Peninsula property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1124 Douglas 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.
Although originally built in 1904, this multi-family property has been extensively and recently renovated to a high standard. The interiors feature modern kitchens with quartz countertops, stainless steel appliances, and white shaker cabinetry. The property also boasts new laminate wood flooring, updated bathrooms with contemporary fixtures, fresh interior and exterior paint, new windows, and upgraded electrical systems, making it a turnkey asset with no deferred maintenance.
High School: Burlingame High School (9/10).
The property is fully remodeled with modern finishes, stainless steel appliances, and updated electrical systems, significantly reducing immediate capital expenditure and maintenance concerns for the new owner.
Ideally situated blocks from Downtown Burlingame’s 'restaurant row' and the Caltrain station, the property benefits from high tenant demand, excellent walkability, and proximity to top-rated schools.
Despite extensive remodeling, the 1904-vintage construction may present inherent long-term challenges related to century-old foundations and structural elements not fully replaced.
Housing four units plus parking on a sub-6,000 square foot lot results in limited private outdoor space, which may be a drawback for premium tenants or families.
Century 21 Masters is pleased to present 1124 Douglas Avenue — a rare, fully remodeled 4-unit multifamily investment opportunity in one of the San Francisco Peninsula's most coveted and supply-constrained markets. Ideally positioned just blocks from the vibrant heart of Downtown Burlingame, this distinguished 1904-vintage property combines timeless character with thoroughly modern finishes, offering an exceptional blend of immediate income and long-term appreciation potential. The offering consists of a beautifully maintained 3-bedroom, 2.5-bath front house facing Douglas Avenue — fully remodeled while preserving the architectural grace of its 1904 origins — plus a completely updated triplex in the rear. All four units feature fresh interior and exterior paint, stainless steel appliances, gas stoves, quartz countertops, elegant fixtures, and new laminate wood floors. The triplex additionally benefits from new windows and updated electrical systems throughout, ensuring minimal near-term capital expenditure for the next owner. Three single-car garages plus generous surface parking in the rear provide a rare amenity in this walkable, transit-rich location. The tree-lined Douglas Avenue setting, just steps from Burlingame's award-winning restaurant row, boutique retail, top-rated schools, and the Burlingame Caltrain Station, makes this an effortlessly rentable asset with consistently strong tenant demand and minimal vacancy risk. With residential multi-family zoning permitting single-family, multi-family, and ADU uses — and with SFO International Airport just minutes away — 1124 Douglas Avenue represents the Peninsula income property that sophisticated investors wait years to find
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 | 4,646 | 50% |
| Lot Size | 5,931 | 5,250 | 60% |
| Price | $3.20M | $2.91M | 60% |
| Price per sq ft | $689 | $689 | 50% |
| Built year | 1904 | 1959 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 82 | 20% |
Apr 3, 2026
$3,200,000
Initial Listing
Apr 22, 2022
$3,500,000
Public Record
Aug 9, 2017
$2,000,000
Public Record