$2,250,000
For Sale

615 Rollins Road

Burlingame, CA 94010
2764 sqft | 0.13 acres | #ML81983780
Listing OfficeMarcus & Millichap
Browse 11 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

615 Rollins Rd is a stunning 4-unit multifamily asset located in the thriving city of Burlingame, California. Situated on a 5,769 square foot parcel of land, the subject property was originally constructed in 1951 and has a gross building area of approximately 2,7644 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry. Burlingame is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. The city offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along the popular parallel retail streets Broadway Ave and Burlingame Ave. The investment appeal of this asset is driven by Burlingame's strong employment fundamentals, low vacancy levels, and moderate climate. With a world-class location in the heart of the Peninsula, 615 Rollins Rd presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining & entertainment options.

  • Property Details
      • FoundationConcretePerimeter
      • Property TypeMulti-Family
      • Original List Price$2,250,000
      • MLS #ML81983780
      • Property SubtypeQuadruplex
      • MLS #ML81983780
      • CountySan Mateo
      • Taxes Annual$25,887
      • Cost2250000
      • Acres0.1324
      • Utility SourcePublic
      • School DistrictOther
      • Square Feet2764
      • Year Built1951
      • Stories2

Location

Gary ElminoufiReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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