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!
MLS #
ML82043505
MLS Source
MLSListings, Inc.
Days on Site
2
Kitchen
Countertop - Granite, Countertop - Stone
Appliances
Oven Range
Flooring
Carpet, Hardwood
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Foam
Foundation
Crawl Space
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
Elementary District
Burlingame Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Additional Storage
Zoning
R-3
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 6 | 6 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 700 | 1 | 1/0 | $2,300 | $2,500 | 4 |
| 2 | 800 | 1 | 1/0 | $3,300 | $3,350 | 2 |
1140 El Camino Real is a Residential Income in Burlingame, CA 94010. This 4,883 square foot property sits on a 6,154 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,995,000 and was built in 1952. This address can also be written as 1140 El Camino Real, Burlingame, CA 94010.
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This listing information is up-to-date as of April 17, 2026. For the most current information, please contact Don Sung, (650) 380-5188