824 El Camino Real, Burlingame, California 94010, Burlingame, 94010 - bed, bath
824 El Camino Real
Burlingame, California 94010
Property Price
SUMMARY
Analysis of 824 El Camino Real, Burlingame, California 94010 is currently available with a list price of $1,939,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1937, this property falls into the fair category due to its significant age and lack of evidence regarding recent major renovations. While the listing describes it as well-maintained and fully leased, the exterior images show signs of aging, including weathered wooden decking, dated stucco, and unkempt landscaping with significant weed growth. The absence of interior photos for the kitchens and bathrooms, combined with the property analysis noting 'vintage infrastructure,' suggests that while the units are functional, they likely feature outdated styles and older appliances consistent with a property that has not been extensively renovated in the last 15-30 years.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Burlingame High School (9/10).
- Prime Peninsula Location
Situated in the heart of Burlingame, the property offers exceptional walkability to transit, shops, and dining, ensuring high tenant demand and long-term appreciation.
- Immediate Cash Flow
As a fully leased triplex, this asset provides immediate rental income from day one, making it an ideal turn-key opportunity for 1031 exchange investors.
CONSRISKS & DEFICIENCIES
- High-Traffic Location
Being located directly on El Camino Real subjects the property to significant traffic noise and congestion, which may deter some long-term residential tenants.
- Vintage Infrastructure
Built in 1937, the property may require more frequent maintenance and capital expenditures for aging systems compared to modern multi-family builds.
- Limited Outdoor Space
With a lot size of 5,525 square feet shared among three units, there is minimal private or communal outdoor space for tenants, a common drawback for older triplexes.
About 824 El Camino Real
Exceptional Multi-Unit Investment in Prime Burlingame Location Welcome to 824 El Camino Real a rare opportunity to own a fully leased triplex in the heart of Burlingame. This well-maintained property offers three income-producing units, each with strong rental demand, separate utilities, and on-site parking. Located just blocks from transit, shops, dining, and major commuter routes, this asset combines consistent cash flow with long-term appreciation potential. Whether youre looking to expand your portfolio, complete a 1031 exchange, or explore owner-occupancy with income offset, this property checks all the boxes. The layout, condition, and location make it ideal for both seasoned investors and first-time multi-unit buyers. Dont miss this rare chance to secure a high-performing asset in one of the Peninsulas most sought-after markets.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1937
- Lot Size
- 5,525 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Burlingame Unified Schools
McKinley Elementary School
Grades K-5 • 0.2 mi
Roosevelt Elementary School
Grades K-5 • 0.5 mi
Burlingame Intermediate School
Grades 6-8 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,592 | 2,668 | 50% |
| Lot Size | 5,525 | 4,847.5 | 50% |
| Price | $1.94M | $1.82M | 50% |
| Price per sq ft | $748 | $684 | 50% |
| Built year | 1937 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 307 | 287 | 75% |
Pricing History
Listed for Sale
Oct 28, 2025
$1,939,999
$1,999,999
-3% Price Drop
Initial Listing
Price Change
Sep 2, 2025
$1,999,999
Initial Listing
Price Change
May 4, 2025
$2,325,000
Initial Listing