1216 Floribunda Avenue
Burlingame, CA 94010
Sq. Feet 9,792
$3,500,000
Nate Gustavson & Cameron Foster are pleased to announce the exclusive listing of a one-of-a-kind corner duplex quite literally on the border of San Mateo & Burlingame. -- Constructed in 1941 and located on an oversized 6,852 square foot corner lot 4 & 6 Warren Road is just blocks from the restaurants and shopping at the heart of Burlingame Avenue. This luxury duplex is comprised of two MASSIVE 2-Bedroom/1-Bathroom units at 1,607 square feet (4 Warren), and 1,291 square feet (6 Warren); both with private one-car garages and large private backyards. The tenants pay ALL utilities directly, including water, trash removal, gas and electric. The sewer lateral line work is scheduled to be completed and cleared prior to closing. 4 & 6 Warren is located ON the Burlingame/San Mateo border and just four (4) blocks from Burlingame Avenue, and in the center of CalTrans ECR Roadway Renewal Project which is slated to start construction and in mid-2024 bringing updated drainage, underground power lines, pedestrian walkways, smoother pavement, and increased walkability to this stretch of El Camino Real.
Cap Rate: 1.25% NOI: $27,400 Livable Sq. Ft: 3,450
Built in 1941 2 units Lot Sq. Ft: 6,852