508 El Camino Real Burlingame, CA 94010 Contingent

UPDATED: 11/25/2025 08:36 PM ON SITE: 43 days on site

$3,198,000

1 Bed1 Bath8,607 SqFt

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Contingent

Purchase Type For Sale

Square Footage 8,607 sqft

Price per Sqft $371

MLS Listing ID ML82025573

Bedrooms 1

Full Baths 1

Year Built 1976

Lot Size 8,389 Sqft

Property Sub-Type Five or More Units

Property Description

508 El Camino Real is an eight-unit multifamily property located two blocks from Burlingame Avenue. Excellent price per unit at less than $400,000 per unit. Strong in-place rents with room to increase them and excellent value-add potential through upgrades and remodeling. Currently, the highest cap rate in the market. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the downtown.