1110 Douglas Avenue

1110 Douglas Avenue

Available

Burlingame, CA 94010

$2,400,000 Marketing Sheet

The Gustavson Group of Compass Commercial is pleased to announce the exclusive listing of 1110 Douglas Avenue, a remarkable four-unit multifamily investment in the heart of Burlingame, California. Priced at $2,400,000, this property features a highly desirable unit mix of one spacious 3-bedroom, 2-bath "owner's unit" with an enclosed garage and three additional 2-bedroom, 1-bath units. The building, constructed in 1971, offers 4,380 square feet of living space on a 4,387 square foot lot, with ample parking provided by three carports and a garage for the owner's unit.

Tenants will appreciate thoughtful updates, including remodeled kitchen spaces, coin-operated onsite laundry, and new pavers in front of the carports. The property is fully sewer-lateral compliant through December 2024. Ideally located just two blocks from Burlingame Avenue’s vibrant shopping and dining scene, the property also offers convenient access to Burlingame High School, CalTrain, and nearby parks.

Whether you're an investor seeking stable cash flow or a strategic asset in a prime location, 1110 Douglas Avenue presents a unique opportunity to secure a turnkey investment in one of the Peninsula's most sought-after neighborhoods.

Cap Rate: 3.63% NOI: $87,164 Livable Sq. Ft: 4,380

Built in 1971 4 units Lot Sq. Ft: 4,387

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