Exceptional Multi-Unit Investment in Prime Burlingame Location Welcome to 824 El Camino Real a rare opportunity to own a fully leased triplex in the heart of Burlingame. This well-maintained property offers three income-producing units, each with strong rental demand, separate utilities, and on-site parking. Located just blocks from transit, shops, dining, and major commuter routes, this asset combines consistent cash flow with long-term appreciation potential. Whether youre looking to expand your portfolio, complete a 1031 exchange, or explore owner-occupancy with income offset, this property checks all the boxes. The layout, condition, and location make it ideal for both seasoned investors and first-time multi-unit buyers. Dont miss this rare chance to secure a high-performing asset in one of the Peninsulas most sought-after markets.
Listed by Sydney Manuel
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License #02176672
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Sydney Manuel, Broker
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650-452-4937
Listed by Theresa Haddad
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License #02126662
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Sydney Manuel, Broker
Last updated August 30, 2025
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Source: MLSListings #ML82005442
Listing Facts
TypeMulti-family
NeighborhoodBurlingame Terrace
Days on Prevu129
Taxes$13,000/year
Size2,592 sqft
Price per sqft$772
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
06/27/2025
Price Decreased
$1,999,999
06/18/2025
Price Decreased
$2,175,000
05/04/2025
Listed by Sydney Manuel, Broker
$2,325,000
Property Details for 824 El Camino Real
Exterior
Construction
Number Of Units Total: 3
Roof: Shingle
Stories: 2
Year Built: 1937
Year Built Details: 2
Measurements
Building Area Total: 2,592
Lot Size Acres: 0.12
Lot Size Area: 5,525
Lot Size Source: Assessor
Lot Size Square Feet: 5,525
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 0.33
Gross Income: $23,420.00
Operating Expense Includes: Mortgage/Loans, Trash
Taxes
Parcel Number: 029-012-190
Tax Annual Amount: $13,000.00
Interior
Measurements
Living Area: 2,592
Other
Features
Accessibility Features: Other
Parking
Parking
Carport Spaces: 3
Carport: Yes
Parking Features: Covered Parking
Parking Total: 3
Schools
Elementary School
Elementary School District: Burlingame Elementary
High School
High School District: San Mateo Union High
Utilities
Equipment
Cooling: Central Forced Air
Heating: Central Forced Air - Gas
Sewer: Public Sewer
Utilities: Individual Electric Meters
Water Source: Other
Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
