23 N El Camino Real - Apartments FOR SALE


San Mateo, CA 94401
$2,195,000 USD
650-269-8517
23 N El Camino Real, San Mateo, CA for Sale
$2,195,000 USD
Apartments - FOR SALE
1/10
null | 3.13% Cap Rate

23 N El Camino Real
San Mateo, CA 94401


HIGHLIGHTS

  • Great location
  • Lots of natural light
  • Great unit layouts

OVERVIEW

Prime Burlingame investment opportunity! 23 El Camino Real is a well-maintained 5-unit apartment building featuring an ideal mix of three 1BD/1BA units and two 2BD/1BA units. The property is fully leased and situated in an exceptionally desirable location just steps from Burlingame Avenues shops, dining, and other amenities. Recent upgrades include new electrical panels in each unit. With strong in-place income and clear potential to enhance rents over time, this offering presents both immediate cash flow and upside in one of the Peninsulas most sought-after rental markets.

FOR SALE DETAILS

PRICE

$2,195,000 USD

PRICE/SF

$474 USD /SF

# OF UNITS

5

PRICE/UNIT

$439,000

CAP RATE

3.13%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1977

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,998 SF

ZONING

R30000

APN/PARCEL ID

028-302-080

ASK ABOUT THIS PROPERTY

Andrew GuglielmiSC PropertiesMore Info
650-269-8517

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Andrew GuglielmiSC PropertiesMore Info
650-269-8517

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