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Key Details
Sold Price $2,286,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,272 sqft
Price per Sqft $698
MLS Listing ID ML81956919
Sold Date 05/03/24
HOA Y/N No
Year Built 1916
Annual Tax Amount $26,506
Lot Size 7,405 Sqft
Property Description
$200,000 Price reduction!! 225 - 227 Anita Rd. is a 4 unit property located walking distance to Downtown Burlingame and next to Washington Park. Most units extensively renovated. The unit mix consists of (3) one bed / one bath and (1) studio. The property sits on a 0.17 acre (7,500 SqFt) lot. Among the amenities are ample parking spaces and its location, as it allows for easy access to not just Downtown Burlingame but also the surrounding communities. It has undergone several stages of intensive renovation since 2015. These renovations have updated the exterior of both buildings. Select units have been updated with new wiring, flooring, fixtures, and appliances. There are also additional improvement opportunities that could increase revenue streams including converting the four garages into an ADU. Property currently receives significant rental income from the garage parking.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning RM0000
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Garage Spaces 4.0
Garage Description 4.0
View Y/N No
Roof Type Shingle
Accessibility None
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
School District Other
Others
Tax ID 029215040
Financing Conventional
Special Listing Condition Standard
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Bought with Carlos Azucena • Marcus & Millichap
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David Burchell
Team Leader & Realtor | License ID: #02033130
Team Leader & Realtor License ID: #02033130