604 Peninsula Ave, Burlingame, CA 94010
For Sale $3,950,000
No Property Photos
  • Property Status: Active
  • Bedrooms: 6 1BR + 1 Studio
  • Bathrooms: 7
  • Property Type: Multi Residential
  • Lot Size: 5000 sq. ft.
  • Year Built:
  • Virtual Tour
www.604PeninsulaAve.com
LOCATION, LOCATION, LOCATION:  7 units (6 1 BR/1BA + 1 Studio) mix of six one bedroom and one studio, with approximately 5,583 square feet of living space on an approximate 5,000 square foot lot . 
POTENTIAL UPSIDE FOR RENTS, Extensively upgraded and renovated remodeled from bottom to top, many units upgraded for bathrooms, kitchens, stainless steel appliances, granite countertops, double pane windows.
Minutes away from Downtown Burlingame, Caltrain, SFO (San Francisco International Airport), Hwy 101
Up-scale, thriving and stunning Burlingame area with many retails & shopping: Safeway, Banana Republic, Lululemon, Pottery Barn,  Starbucks, Philz Coffee. Up-scale fine dining Restaurants such as Limon, Trapese Mediterranean, Mykonas Meze, Velvet 48, Stella Alpina Osteria, Saltyard, Sushiirrito, Park & Howard Bistro and more.
On site owned coin-op washer & dryer
All units are separately metered for PG&E.
Current rents per owner $13,050 per month, $156,600 total per year
Current rents are on month to month basis. 
Income: 
Unit. 1 -  STUDIO  400 Sqft $1,675 per month 
Unit. 2 - 1BR/1BA  660 Sqft $1,895 per month 
Unit. 3 - 1BR/1BA  660 Sqft $1,800 per month 
Unit. 4 - 1BR/1BA  660 Sqft $1,995 per month 
Unit. 5 - 1BR/1BA  660 Sqft $1,795 per month 
Unit. 6 - 1BR/1BA  660 Sqft $1,795 per month 
Unit. 7 – 1BR/1BA 775 Sqft $2,095 per month 
                Total                     $13,050 per month   $156,600 total per year
Dave Rollins, Licensed Broker-Appraiser's Picture
Dave Rollins, Licensed Broker-Appraiser
Phone: 650.364.6111
Fax: 650.369.1117
License #: 00360401