304 Peninsula Avenue, Burlingame, California 94010, Burlingame, 94010 - 4 bed, 2 bath
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304 Peninsula Avenue
Burlingame, California 94010
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,698Sq Ft
4,868Lot Size
Property Price
LIST PRICE$1,699,000
EST. MARKET VALUE
$1,741,388
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,699,000—positioned well below the $1,741,388 Fair Market Value by 2%. This valuation gap offers $42,388 in Instant Equity for buyers. With a Fair Condition Rating, the home features high ceilings and original hardwood floors, providing a solid foundation for renovation. Its prime location near Caltrain and Burlingame Avenue ensures strong long-term demand. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build value through modernization.
Estimated Market Value
$1,741,388
Based on Realkey algorithm analyzing recent comparable sales in Burlingame.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 304 Peninsula Avenue Subject 4 bd · 2 ba · 1,698 sqft · $1,026 | $1,699,000* List Price | 4 | 2 | 1,698 | $1,026 | - |
A 105 Arundel Road Pending 4 bd · 2 ba · 1,598 sqft · $1,126 · 0.3 mi | $1,800,000 List Price | 4 | 2 | 1,598 | $1,126 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1925, this nearly 100-year-old home is described as having 'endless potential' and being a 'move-in and remodel' opportunity, indicating it is functional but significantly dated. The lack of mentioned updates to the kitchen, baths, or systems, combined with the suggestion to 'bring your vision to life,' places it in the fair category as it requires modernization and repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Commuter Location
Ideally situated for Silicon Valley and San Francisco commuters, the property is within walking distance to Caltrain, Safeway, and the upscale shops and dining on Burlingame Avenue.
- Strong Architectural Bones
Built in 1925, the home features high 8-9 foot ceilings and original hardwood floors, offering a classic foundation and significant character for a modern restoration.
- Versatile Layout Potential
The four-bedroom configuration includes a room with a separate entrance and an additional office space, providing excellent flexibility for multi-generational living or a home business.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The property is marketed as a fixer-opportunity, suggesting that buyers will need to invest additional capital to modernize the 1925 interiors and systems.
- Fragmented Floor Plan
The fourth bedroom's interior connection is currently walled off, creating a disconnected layout that may require structural reconfiguration to restore a traditional family flow.
About 304 Peninsula Avenue
An exceptional value in Burlingame at an ultra-convenient location for Silicon Valley or San Francisco commuters, this home has endless potential to make it your own! Move -in and remodel at your own pace or bring your vision to life. High ceilings (~8-9ft), hardwood floors, and spacious interiors provide an excellent foundation for your ideas. Featuring four bedrooms and two bathrooms, the home also offers an area adjacent to the living room currently used as an office. The fourth bedroom currently has a separate entrance, with its former interior connection walled off. A spacious garage and long driveway offer ample parking. Walk to Safeway, famed Burlingame Ave and Caltrain, acclaimed Burlingame schools, and less than 10 minutes to SFO. This opportunity won't last!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 4,868 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.5 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,698 | 2,146.553 |
| Lot Size | 4,868 | 7,165.263 |
| Price | $1.70M | $3.20M |
| Price per sq ft | $1.0K | $1.6K |
| Built year | 1925 | 1934 |
| HOA | $0 | $0 |
| Days on market | 9 | 36 |
Pricing History
Listed for Sale
Oct 15, 2026
$1,699,000
Initial Listing