Customer Care

Berkshire Hathaway HomeServices California Properties

1140 El Camino Real, Burlingame, CA 94010

$2,995,000 Approx. USD

Save My Notes

MORE INFO

Brochure

Marketed By

Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

Mortgage Calculator

GET PRE-APPROVED

Interested in This Property? Request Virtual Showing Your message will be sent to Commercial.
By submitting your information, you consent to be contacted by email, SMS message, and/or phone call. You may opt out at any time per our Privacy Policy.

Listing Agent

Don Sung | don.sung@colliers.com
Lic#: 01935797
Broker: Courtesy of Colliers Parrish International, Inc.
Phone: 650-380-5188

Listing Details

Property type: (Commercial)

Property Sub-Type:

Status: Active

Listing ID: ML82043505

Price: $2,995,000

Rental Rate: $2,995,000

Lot Size:

HOA Fee is $0.00

Built in 1952

0.14 acres

County: San Mateo

Zoning: R-3

Lot description: Level

Heating/cooling: None

Heating description: Wall Furnace

Last Updated: 7/24/2026

Days On Market (DOM): 110

Find more Burlingame properties

Find more properties in 94010 zip code

Lat/Long: 37.584048, -122.365440.
Find nearby listings

Lot Details

Easement Present: (Easement present. For more information, contact agent.)

Utilities

Space Details

Attachments

Property Details

Rarely Available, A+ Broadway Burlingame Location. Walk to Broadway Shops and Cal-Train Station. Walk Score: 89, Bike Score: 81. Spacious 1 Bedroom / 1 Bath Units w/ Desirable Floorplans - Offering Possibility to Convert to 2 Bedroom / 1 Bath Floorplans to Increase NOI & Cap Rate. Low Operating Expense Ratio (30%). Individual Water Heaters (1 for Each Unit). Potential to Add Dishwashers and In-Unit Washer & Dryers. R-3 Zoning: Parcel Offers Medium/High Density Residential Development Potential in the Future. Capital Improvements Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Potential to Convert 6 Covered Carports (w/ 7' 6" ceiling) to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each). Consistently Strong Rents Driven by Convenient Location and Low-Supply Constraints. Strong Rental Demand. Easy Access to El Camino Real, 101, 280, and Major Silicon Valley Employers. Current CAP Rate (In-Place Rents): 3.75% / GRM (In-Place Rents): 17.6. Pro-Forma CAP Rate (Market Rents): 4.70% / GRM (In-Place Rents): 15. Reasonable Cost/SF: $613/SF. Please DO NOT DISTURB Tenants. Thank you!

Financials

	Annual	Annual Per SF
Gross Rental Income
Other Income
Vacancy Loss
Effective Gross Income
Taxes
Operating Expenses
Total Expenses
Net Operating Income

Mortgage Calculator

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

94010 Area Map

Demographics

Schools