236 Anita Road

Burlingame, CA 94010

$2,500,000
Price
Beds
3,052 Sq. Ft.
$819 / Sq. Ft.
3,052
Sq. Ft.
$819
per Sq. Ft.

Description

Seven unit apartment complex in downtown Burlingame! Exceptionally well located ~0.5 miles from Burlingame Avenue, ~0.2 miles from Caltrain Station, ~0.6 miles from Burlingame High School and directly across the street from Washington Park and Burlingame's new Community Center. The apartment complex offers (3) one bedroom units and (4) studios in one of the strongest rental markets in the bay area! Marketing Package available upon request.Seven unit apartment complex in downtown Burlingame! Exceptionally well located ~0.5 miles from Burlingame Avenue, ~0.2 miles from Caltrain Station, ~0.6 miles from Burlingame High School and directly across the street from Washington Park and Burlingame's new Community Center. The apartment complex offers (3) one bedroom units and (4) studios in one of the strongest rental markets in the bay area! Marketing Package available upon request.
  1. Listed by Mitchell Zurich Zurich • DRE #01870648 • Brokerage DRE #01240999 • Marcus & Millichap • 408-888-9594
  2. Listed by Carlos Azucena • DRE #01738155 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 236 Anita Road

MLS City Name
BURLINGAME
Building Type
Other
Garage Spaces
2
Parking Spaces
3

Location

Listing Courtesy of Marcus & Millichap, Mitchell Zurich Zurich, DRE #01870648; Marcus & Millichap, Carlos Azucena, DRE #01738155
Add your commute
LISTING UPDATED: 05/08/2024 01:05 PM

Property Details for 236 Anita Road

StatusActive
MLS #ML81964800
Days on Compass20
Taxes$30,354 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type5+ Units / Five or More Units
Year Built1940
Lot Size0.12 AC / 5,100 SF
CountySan Mateo County

Location

Listing Courtesy of Marcus & Millichap, Mitchell Zurich Zurich, DRE #01870648; Marcus & Millichap, Carlos Azucena, DRE #01738155
Add your commute

Building Information for 236 Anita Road

Stories-Residences-Year Built1940Building Size-Lot Size0.12 AC / 5,100 SF

Payment Calculator

$16,173 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,644

Property Taxes

$2,530

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 236 Anita Road

Features
Features
  • Fireplace: No
  • Living SqFt: 3052
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters
  • Water: Water On Site
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 7
  • Area Text: Lyon-Hoag
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 236
  • Street Name: Anita
  • Street Suffix: Road
  • Area ID: 462
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 3052
  • Structure SqFt Source: Assessor
  • Age: 84
Development Information
  • Ownership Type: Individual
  • Zoning Detail: Multi Family Dwelling
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 029-251-220
  • County Name: San Mateo
  • City Name: BURLINGAME
  • City Postal ID: 6
  • Postal Code: 94010
  • Elementary School District: 923
  • High School District Text: San Mateo Union High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .12
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 7
General Information
  • Annual Tax Amount: $30,354
  • Capitalization Rate: 4.02
  • Tenant Expenses: Utilities - Electric
  • Income Includes: Laundry
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $3,336
  • Expense Landscape: $0
  • Expense Maintenance: $3,500
  • Expense Management: $0
  • Expense Trash: $2,750
  • Expenses Other: $0
  • Expenses Utility: $7,781
  • Expenses Total: $47,721
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Trash Removal, Utilities, Vacancy Factor
  • Gross Rent Multiplier: 16.36
  • Income Annual Gross: $148,270
  • Income Annual Rental: $150,756
  • Income Gross Scheduled: $152,856
  • Income Other: $2,100

Property History for 236 Anita Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 236 Anita Road

Taxable ValueLand$1,929,962Additions$224,951Total$2,154,913
Tax Record2023$24,778 ($2,065 / month)
Home Facts
Baths6Total Finished SqFt3,052 SqFtAbove Grade Finished SqFt3,052 SqFtStories2Lot Size5,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1940CountySAN MATEOAPN029-251-220

Schools near 236 Anita Road

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicK to 5

Burlingame Intermediate School
Public6 to 8

Burlingame High School
Public9 to 12

Design Tech High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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236 Anita Road is a multi-family home for sale in Burlingame, CA 94010. This property was listed for sale on May 8, 2024 by Marcus & Millichap, it's currently listed at $2,500,000. It has been on the market for a total of 20 days and was last sold on May 27, 2020. This listing's school districts are San Mateo Union High School District, Burlingame Elementary School District. Nearby schools include Washington Elementary School, Burlingame Intermediate School and Burlingame High School. 236 Anita Road is a 0-bed, 0-bath, 3,052 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Mitchell Zurich Zurich, DRE #01870648; Marcus & Millichap, Carlos Azucena, DRE #01738155

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.