41 Highland Avenue

Burlingame, CA 94010

$2,500,000
Price
Beds
2,426 Sq. Ft.
$1,031 / Sq. Ft.
2,426
Sq. Ft.
$1,031
per Sq. Ft.

Description

On a spacious corner lot surrounded by a white-picket fence, this rare opportunity is a 4-unit building with a detached 2-car garage and generous off-street parking. Each unit has 1 bedroom and 1 bath featuring ample natural light and hardwood floors, plus the kitchen and baths have been updated, including granite and tile finishes. Live in one unit and rent the other three or realize the entire property as an excellent Peninsula investment. The location is ideal just 2 blocks from Burlingame Avenues...

Property Details for 41 Highland Avenue

MLS City Name
BURLINGAME
Building Type
FOURPLEX
Style
Craftsman
Garage Spaces
0
Parking Spaces
0
View
None

Location

Listing Courtesy of Compass, Sandy Comaroto, DRE #01791546

Listing Agent

  1. Sandy Comaroto

    Listing Agent

    Compass

    DRE #01791546

Building Information for 41 Highland Avenue

Stories2Residences4Year Built1912Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$9,667 per month

30 year fixed, 3.51% Interest

Principal and Interest

$8,992

Property Taxes

$675

HOA Dues

$0

Property Information for 41 Highland Avenue

Features
    Room Information
  • Kitchen: Cooktop - Gas, Countertop - Stone
    Features
  • Amenities: None
  • Energy Features: None
  • Flooring: Hardwood Floors, Tile
  • Laundry: None
  • Living SqFt: 2426
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: Central 1 Zone A/C
  • Heating: Forced Air 1 Zone
  • Meters: Master Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
    Carport and Parking
  • Carport Min: 0
    Garage
  • Garage Parking Features: On Street, Uncovered Parking
Property Details
    Homeowners Association
  • HOA Exists: 0
    Property Details
  • Area Text: Burlingame Downtown Area
  • Roof: Composition Shingles
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 41
  • Street Name: Highland Avenue
  • Street Suffix: Avenue
  • Area ID: 461
Lot / Property Details
    Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2426
  • Structure SqFt Source: Assessor
  • Age: 108
    Development Information
  • Construction Type: Wood
  • Ownership Type: Individual
  • Zoning Detail: R40000
    Location Information
  • Cross Street: Bayswater
  • Incorporated: Yes
  • Parcel Number: 029-241-060
  • 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 Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Mobile / Manufactured Information
    Other Information
  • Dual Variable: No
Multi Family Information
    Building Information
  • No Of Leased: 3
    General Information
  • Annual Tax Amount: $8,098
  • Building Unit Total: 4
  • Capitalization Rate: 2.18
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 10
    Income / Expense Details
  • Expense Insurance: $1,786
  • Expense Landscape: $850
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $1,000
  • Expenses Other: $0
  • Expenses Utility: $2,382
  • Expenses Total: $14,116
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 32.81
  • Income Annual Gross: $68,580
  • Income Annual Rental: $76,200
  • Income Gross Scheduled: $76,200
  • Income Other: $0
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $0
    Unit 2 Information
  • Unit 2 Approx Square Footage: 450
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,000
    Unit 3 Information
  • Unit 3 Approx Square Footage: 450
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $2,150
    Unit 4 Information
  • Unit 4 Approx Square Footage: 630
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 1
  • Unit 4 Rent: $2,250
    Unit Type 1
  • Unit Type1 Approx SqFt: 630

Property History for 41 Highland Avenue

DateEvent & SourcePriceAppreciation
Mar 23, 2020

Listed (Active)

MLSListings #ML81787599

$2,500,000
Mar 23, 2020

Listed (Active)

EBRD #ML81787599

$2,500,000
DateEvent & SourcePrice
03/23/2020

Listed (Active)

MLSListings #ML81787599

$2,500,000
03/23/2020

Listed (Active)

EBRD #ML81787599

$2,500,000

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

Public Records for 41 Highland Avenue

Taxable ValueLand$323,775Additions$350,030Total$673,805
Tax Record2018$7,946
Home Facts
Beds4Baths4Finished Sq.Ft.2,426 SqFtStories2Lot Size5,000 SqFtStyleQuadraplexYear Built1912ZoningR40000CountySAN MATEOAPN029241060

Schools near 41 Highland Avenue

AllElementaryMiddleHigh
SchoolTypeGradesDistanceRating
St. Catherine Of Siena Elementary SchoolPrivateK-80.1 mi
NR
Washington Elementary SchoolPublicK-50.3 mi
7
Burlingame High SchoolPublic9-120.4 mi
10
Russell Bede School (Will close: Spring 2014)Private1-60.5 mi
NR

St. Catherine Of Siena Elementary School

K-8, 0.1 mi, Private

NR

Washington Elementary School

K-5, 0.3 mi, Public

7

Burlingame High School

9-12, 0.4 mi, Public

10

Russell Bede School (Will close: Spring 2014)

1-6, 0.5 mi, Private

NR

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.

Property Details for 41 Highland Avenue

StatusActive
MLS #ML81787599
Year Built1912
DOM5
Compass TypeMulti Family
MLS Type2-4 Units / Fourplex
Lot Size0.11 AC / 5,000 SF
Taxes$8,098 / year
Condo/Co-op Fees-
HOA Fees-
CountySan Mateo County

Listing Agent

Contact Agent(s)

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41 Highland Avenue is a multi-family home for sale in Burlingame, CA 94010. This property was listed for sale on March 23, 2020 by Compass at $2,500,000. Nearby schools include St. Catherine Of Siena Elementary School, San Mateo Adult and Burlingame Intermediate School. 41 Highland Avenue is a 0-bed, 0-bath, 2,426 sqft multi-family home built in 1912.

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. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Compass, Sandy Comaroto, DRE #01791546
Based on information from the San Francisco Association of Realtors as of 03/23/2020 07:00 AM, the MLSListings MLS as of 03/23/2020 07:00 AM, or the BAREIS MLS as of 03/23/2020 07:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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, the 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/27/2020 07:00 AM