225 Anita RD, BURLINGAME, CA 94010

MLS# ML81956919
Status: Pending

  • $2,298,000

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  • 3272

    Approx. Sq. Ft.
  • 0.17

    Approx. Lot Size
  • Listing Class: Residential Income (2-4 units)
  • Property Type: Multi Family
  • Year Built: 1916
  • Stories: 2

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    Julie Tsai Law

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    Details

    $200,000 Price reduction!! 225 - 227 Anita Rd. is a 4 unit property located walking distance to Downtown Burlingame and next to Washington Park. Most units extensively renovated. The unit mix consists of (3) one bed / one bath and (1) studio. The property sits on a 0.17 acre (7,500 SqFt) lot. Among the amenities are ample parking spaces and its location, as it allows for easy access to not just Downtown Burlingame but also the surrounding communities. It has undergone several stages of intensive renovation since 2015. These renovations have updated the exterior of both buildings. Select units have been updated with new wiring, flooring, fixtures, and appliances. There are also additional improvement opportunities that could increase revenue streams including converting the four garages into an ADU. Property currently receives significant rental income from the garage parking.

    Features

    General Features

    • Listing ClassResidential Income (2-4 units)
    • Parcel029-215-040
    • Year Built1916
    • Property TypeMulti Family
    • ZoningRM0000
    • # of Stories2
    • FoundationConcrete Perimeter
    • Age108
    • Horse PropertyNo

    Interior Features

    • LaundryCoin Operated,Washer/Dryer - Some Units
    • Security FeaturesNone
    • Accessibility FeaturesNone

    Utilities & Energy

    • UtilitiesPublic Utilities
    • Sewer/SepticSewer - Public
    • CoolingWindow / Wall Unit
    • WaterPublic
    • HeatingWall Furnace

    Parking

    • Parking FeaturesAssigned Spaces,Attached Garage,On Street

      Neighborhood

      Lyon-Hoag

      Market Conditions

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