525 Almer Road 309, Burlingame, California 94010, Burlingame, 94010 - 1 bed, 1 bath
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Burlingame, California 94010
This Top-Floor Condominium is a Prime Investment Opportunity listed at $695,000—positioned well below the $714,310 Fair Market Value by 2%. This valuation gap offers $19,310 in Instant Equity for buyers. While the unit holds a Condition Rating of 4 and requires modernization of its 1975 finishes, it features a private balcony overlooking the community pool and access to 9/10 rated Burlingame High School. Located steps from downtown dining, this residence balances immediate lifestyle perks with clear appreciation potential. It is ideal for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 Almer Road 309 Subject | $695,000* List Price | 1 | 1 | 959 | $745 | - |
A 1515 Floribunda Avenue 309 Active | $795,000 List Price | 1 | 1 | 1,004 | $792 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the unit appears to be in mostly original condition. The kitchen features dated wood cabinetry, laminate countertops, and older white electric coil appliances. While the interior is clean and functional, the kitchen, bath, and baseboard heating systems are well over 20 years old and require modernization.
High School: Burlingame High School (9/10).
The property is ideally situated within walking distance of vibrant downtown Burlingame's dining and shopping, and is exceptionally close to top-rated schools like Burlingame High.
As a top-floor residence, this unit offers enhanced privacy with no neighbors above and features a spacious balcony with pleasant views overlooking the community pool.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =839, other record lot size in square feet = 46982.
The property was recently sold within the past year on 2025-06-27. The sold price is $688,000.00.
The lack of in-unit laundry requires residents to use a community utility room, which may be seen as a significant inconvenience for modern condominium buyers.
TOP Floor one bedroom and one full bathroom condominium residence ideally located near vibrant downtown Burlingame with its fine dining, shopping, library, an Apple store. Living room/dining room combination with access to spacious balcony overlooking the pool. The kitchen is equipped with built-in electric oven range, refrigerator, dishwasher, garbage disposal, with plenty of cabinetry and counter space. Laundry facilities are available in a community utility room. One-car garage + 2 storage lockers. Complex includes recreation/play room, exercise room, billiard/game room; pool, BBQ area.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 10% |
| Baths | 1.0 | 2.0 | 10% |
| Square foot | 959 | 1,404.5 | 10% |
| Lot Size | 839 | - | 70% |
| Price | $695.0K | $1.04M | 10% |
| Price per sq ft | $725 | $736 | 50% |
| Built year | 1975 | 1978 | 50% |
| HOA | $535.0 | $651 | 30% |
| Days on market | 16 | 174 | 10% |
Apr 6, 2026
$695,000
Initial Listing
Jun 27, 2025
$688,000
Public Record
Aug 1, 2013
$505,000
Public Record