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Listed by Vic Aenlle,CCIM • Coldwell Banker Realty
$3,695,000
Est. payment /mo
7,182 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,182 sqft
Price per Sqft $514
MLS Listing ID ML82013602
HOA Y/N No
Year Built 1959
Lot Size 6,205 Sqft
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Presenting 2 Arundel Road, an exceptional 6-unit multifamily investment in the heart of Burlingame, one of the Bay Area's most coveted rental markets. This 7,182 SF building sits on a 6,205 SF lot and features a desirable unit mix of four 1-bed/1-bath and two 2-bed/1-bath units, each designed for consistent tenant demand and long-term rent growth. With current rents already producing strong income and clear upside potential through pro-forma increases, this asset offers a rare opportunity to secure long-term cash flow in a supply-constrained, high-demand submarket. The building includes six dedicated garage spaces, on-site laundry, low-maintenance landscaping, and separately metered gas and electric utilities-features that reduce operational overhead and attract quality tenants.
Location
State CA
County San Mateo
Interior
Heating Forced Air
Cooling None
Flooring Laminate, Stone
Fireplace No
Exterior
View City Lights
Building
Lot Description Level
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