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Fortune Peak Properties
508 El Camino Real, Burlingame, CA 94010
- $2,900,000
- 8,607
- SqFt
Listing courtesy of Carlos Azucena from Marcus & Millichap. 408-205-2679
Selling Office: M&MKW.- Sold Price
- $2,900,000
- List Price
- $3,198,000
- Status
- SOLD
- Closing Date
- Dec 26, 2025
- MLS#
- ML82025573
- Subtype
- com
- Year Built
- 1976
- Living Area
- 8,607
- Lot Size
- 8,389
- Acres
- 0.19
- Neighborhood
- Burlingame Downtown Area
Property Description
508 El Camino Real is an eight-unit multifamily property located two blocks from Burlingame Avenue. Excellent price per unit at less than $400,000 per unit. Strong in-place rents with room to increase them and excellent value-add potential through upgrades and remodeling. Currently, the highest cap rate in the market. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the downtown.
Additional Information
- Zoning
- R30000
- Roof
- Flat / Low Pitch
- Foundation
- Concrete Slab
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Based on information from MLSListings MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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