508 El Camino Real, Burlingame, CA 94010

$2,900,000
Add to Favorites Request Information New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites
Sold Price
$2,900,000
List Price
$3,198,000
Closing Date
Dec 26, 2025
Status
CLOSED
MLS#
ML82025573
Year Built
1976
Lot Size
8,389
Acres
0.19
Days on Market
24
Property Type
Commercial
Contact Us View on Map New Search

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.

Contact Us
Search All Properties

Additional Information

Taxes
$36,409
Heat
Electric
Cooling
Yes
Cooling Description
None
Roof
Flat
Water
Public
School District
Other
Attached Structure
Detached
Gross Scheduled Income
$211,900
Request Info Add to Favorites

Listing courtesy of Listing Agent: Carlos Azucena (cazucena@marcusmillichap.com) from Listing Office: Marcus & Millichap.

Listing sold by Carlos Azucena from Marcus & Millichap

Add to Favorites Request Information New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.