2 Arundel Rd - Apartments FOR SALE


Burlingame, CA 94010
$3,695,000 USD
650-222-8189
2 Arundel Rd, Burlingame, CA for Sale
$3,695,000 USD
Apartments - FOR SALE
1/15
null | 3.15% Cap Rate

2 Arundel Rd
Burlingame, CA 94010


HIGHLIGHTS

  • Recent upgrades in select units
  • Onsite Laundry Facility
  • Separately Metered Gas & Electricity
  • 5-minute walk to Downtown Burlingame
  • Near major employers, Schools, and Freeways
  • Call listing broker for more information

OVERVIEW

2 Arundel Road is a well-located six-unit multifamily property situated in the heart of Burlingame. The property consists of approximately 7,182 square feet on a 6,205-square-foot lot and features a desirable unit mix of four one-bedroom/one-bath units and two two-bedroom/one-bath units. The building offers garage parking, onsite laundry, and recent upgrades in select units. Located within walking distance of downtown Burlingame, the property benefits from a strong rental market and proximity to retail, restaurants, public transportation, and major employment centers.

FOR SALE DETAILS

PRICE

$3,695,000 USD

PRICE/SF

$514 USD /SF

# OF UNITS

6

PRICE/UNIT

$615,833

CAP RATE

3.15%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,199 SF

ZONING

none

APN/PARCEL ID

029-292-160

ASK ABOUT THIS PROPERTY

Victor AenlleColdwell Banker Residential BrokerageMore Info
650-222-8189

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Victor AenlleColdwell Banker Residential BrokerageMore Info
650-222-8189

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