1124 Douglas Ave - Apartments FOR SALE


Burlingame, CA 94010- Downtown Burlingame
$3,200,000 USD
805-709-4828
1124 Douglas Ave, Burlingame, CA for Sale
$3,200,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

1124 Douglas Ave
Burlingame, CA 94010
Downtown Burlingame


HIGHLIGHTS

  • Steps to Downtown Burlingame dining, retail & Caltrain Station
  • Rare 4-unit multifamily in supply-constrained Downtown Burlingame
  • Front house: 3 bed / 2.5 bath — preserved 1904 character with modern upgrades

OVERVIEW

C21 Commercial | Masters is pleased to present 1124 Douglas Avenue — a rare, fully remodeled 4-unit multifamily investment opportunity in one of the San Francisco Peninsula's most coveted and supply-constrained markets. Ideally positioned just blocks from the vibrant heart of Downtown Burlingame, this distinguished 1904-vintage property combines timeless character with thoroughly modern finishes, offering an exceptional blend of immediate income and long-term appreciation potential. The offering consists of a beautifully maintained 3-bedroom, 2.5-bath front house facing Douglas Avenue — fully remodeled while preserving the architectural grace of its 1904 origins — plus a completely updated triplex in the rear. All four units feature fresh interior and exterior paint, stainless steel appliances, gas stoves, quartz countertops, elegant fixtures, and new laminate wood floors. The triplex additionally benefits from new windows and updated electrical systems throughout, ensuring minimal near-term capital expenditure for the next owner. Three single-car garages plus generous surface parking in the rear provide a rare amenity in this walkable, transit-rich location. The tree-lined Douglas Avenue setting, just steps from Burlingame's award-winning restaurant row, boutique retail, top-rated schools, and the Burlingame Caltrain Station, makes this an effortlessly rentable asset with consistently strong tenant demand and minimal vacancy risk. With residential multi-family zoning permitting single-family, multi-family, and ADU uses — and with SFO International Airport just minutes away — 1124 Douglas Avenue represents the Peninsula income property that sophisticated investors wait years to find.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$689 USD /SF

# OF UNITS

4

PRICE/UNIT

$800,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1904

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R40000

APN/PARCEL ID

029-132-170

ASK ABOUT THIS PROPERTY

Jim Kelsey CCIMCentury 21 MastersMore Info
805-709-4828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jim Kelsey CCIMCentury 21 MastersMore Info
805-709-4828

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.