Price Reduction
Listed By:
Carlos Azucena with Marcus & Millichap - 408-205-2679
Address
225 Anita RD, Burlingame, CA
Price
$ 2,298,000
Property Attributes
  • MLS#ML81956919
  • TypePending
  • CountySAN MATEO
  • CityBurlingame
  • AreaLyon-Hoag
  • Zip94010
  • Style
  • Price$ 2,298,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3272
  • Lot Size7,405 SqFt
Data Source:
MLSListings Inc.
Property Description

$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.

Price History
3/8/2024 Listed $2,495,000
4/9/2024 8% - $2,298,000

General Features

Heating Wall Furnace
Cooling Window / Wall Unit
Utilities Public Utilities
Roof Shingle
Water Public
Number of Garage Spaces 4
# of Buildings 2
Security Features None
Year Built 1916
Age 108
Property SubType Fourplex
City Limits (Y/N) Yes
Zoning Text RM0000
Incorporated Y/N Yes
Accessibility None
County San Mateo
Property Type Residential Income (2-4 units)
Special Listing Conditions Not Applicable
Status Pending (Do Not Show)
City BURLINGAME
MLS Area Lyon-Hoag
Listing Agent State License 01738155

Interior Features

Unit 1 Rent 3100
Unit 2 Approx Square Footage 518
Unit 3 Approx Square Footage 518
Building Unit Total 4
Living SqFt 3272
Unit 4 Approx Square Footage 518
Unit 2 Number of Bedrooms 1
Laundry Features Coin Operated,Washer/Dryer - Some Units

Exterior Features

Parking Features Assigned Spaces,Attached Garage,On Street
Horse Property No
Lot Size Area 7405.20
Maximum Lot Size 7405.20
Sewer/Septic Sewer - Public
Meters Separate Electric,Separate Gas
Foundation Details Concrete Perimeter
Building Area Total 3272
Lot Acres 0.1700
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 94010

Price
AVG $3.46M
$2.3M
Visits
AVG 102
94
Data Provided by Inside Real Estate®
Year Built
AVG 1954
1916