824 El Camino Real, Burlingame, California 94010, Burlingame, 94010 - 0 bed, 0 bath
Loading property details...
Burlingame, California 94010
This Multi-Unit Investment Asset is listed at $1,899,999, positioned accurately at its $1,899,999 Fair Market Value. Following a significant price reduction from its original list, this Fully Leased Triplex offers immediate cash flow and simplified management in a premier Peninsula market. With a Condition Rating of 4, the property is functional but provides clear upside for value-add improvements to kitchens and systems. Residents benefit from the 9/10 Burlingame High School district and excellent transit proximity. This stable asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 824 El Camino Real Subject | $1,899,999* List Price | 0 | 0 | 2,592 | $733 | - |
A 728 Laurel Avenue Pending | $1,995,000 List Price | 0 | 0 | 2,096 | $952 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1937, this triplex is functional and fully leased but shows clear signs of age exceeding the 20-year threshold for 'Good' condition. Exterior images reveal neglected landscaping, a worn carport roof, and dated architectural elements. While the listing describes it as well-maintained, the lack of documented recent renovations to kitchens, baths, or systems suggests the property is dated and requires minor repairs and cosmetic updates.
High School: Burlingame High School (9/10).
Situated in a highly sought-after Burlingame neighborhood with top-rated schools and excellent proximity to transit and dining, ensuring consistent long-term rental demand.
The property is a fully leased triplex featuring separate utilities and on-site parking, providing immediate cash flow and simplified management for the owner.
Located directly on El Camino Real, the property is subject to significant street noise and high traffic volume, which may impact residential appeal for some tenants.
Built in 1937, the aging structure and systems may require more frequent maintenance or capital improvements compared to modern multi-unit developments.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,592 | 2,096 |
| Lot Size | 5,525 | 10,300 |
| Price | $1.90M | $3.15M |
| Price per sq ft | $733 | $913 |
| Built year | 1937 | 1941 |
| HOA | $0 | $0 |
| Days on market | 444 | 63 |
Mar 13, 2026
$1,899,999
$1,939,999
-2% Price Drop
Initial Listing
Oct 28, 2025
$1,939,999
$1,999,999
-3% Price Drop
Initial Listing
Sep 2, 2025
$1,999,999
Initial Listing
May 4, 2025
$2,325,000
Initial Listing