$3,500,000
$3,695,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
128 Lorton AVE Burlingame, CA 94010
3,940 SqFt
Key Details
Sold Price $3,500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,940 sqft
Price per Sqft $888
MLS Listing ID ML81895166
Year Built 1912
Annual Tax Amount $49,932
Lot Size 7,501 Sqft
Property Description
Price Improvement! Great location in the heart of Downtown Burlingame, one block away from the best shops and restaurants on Burlingame Avenue. Great curb appeal and very solid rental income make this an attractive investment for the savvy investor. Units #1-#3 are located in the front building and unit #4 is the fully detached two story cottage located in the rear of the property. This property also has an approved set of plans to construct 19 condo units. Unit breakdown for approved project: (11) 1 bedrooms (7) 2 bedrooms (1) 3 bedroom. Plans approved, construction docs still needed and no permit has been issued.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning RM0000
Interior
Cooling None
Exterior
Roof Type Composition
Building
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Special Listing Condition Standard
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Bought with Rosemarie Hayes