- $3M Price
- .14 Acres
- 10 DOM
1140 El Camino Real
Rarely Available, A+ Broadway Burlingame Location. Walk to Broadway Shops and Cal-Train Station. Walk Score: 89, Bike Score: 81. Spacious 1 Bedroom / 1 Bath Units w/ Desirable Floorplans - Offering Possibility to Convert to 2 Bedroom / 1 Bath Floorplans to Increase NOI & Cap Rate. Low Operating Expense Ratio (30%). Individual Water Heaters (1 for Each Unit). Potential to Add Dishwashers and In-Unit Washer & Dryers. R-3 Zoning: Parcel Offers Medium/High Density Residential Development Potential in the Future. Capital Improvements Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Potential to Convert 6 Covered Carports (w/ 7' 6" ceiling) to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each). Consistently Strong Rents Driven by Convenient Location and Low-Supply Constraints. Strong Rental Demand. Easy Access to El Camino Real, 101, 280, and Major Silicon Valley Employers. Current CAP Rate (In-Place Rents): 3.75% / GRM (In-Place Rents): 17.6. Pro-Forma CAP Rate (Market Rents): 4.70% / GRM (In-Place Rents): 15. Reasonable Cost/SF: $613/SF. Please DO NOT DISTURB Tenants. Thank you!
Essential Information
- MLS® #ML82043505
- Price$2,995,000
- Bathrooms0.00
- Acres0.14
- Year Built1952
- TypeCommercial Sale
- StatusActive
Community Information
- Address1140 El Camino Real
- Area699 - Not Defined
- CityBurlingame
- CountySan Mateo
- Zip Code94010
Amenities
- Parking Spaces4
Interior
- HeatingWall Furnace
- CoolingNone
Exterior
- Lot DescriptionLevel
- RoofFoam
School Information
- DistrictOther
Additional Information
- Date ListedApril 17th, 2026
- Days on Market10
- ZoningR-3
Listing Details
- AgentDon Sung
Office
Colliers Parrish International, Inc.
Don Sung, Colliers Parrish International, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of April 27th, 2026 at 7:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.