$3,198,000

508 El Camino Real, Burlingame, CA 94010

  • 8,607 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1976
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $372/sqft
  • Property List Date Icon Listed 1 month ago

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.

Listing Status:
Pending
Date Added:
October 22, 2025 at 05:00AM
Listing Office:
Marcus & Millichap : 650-391-1700
Listing Agent:
Carlos Azucena : 408-205-2679
MLS ID:
ML82025573
  • A/C: None
  • Heating: Electric
  • Parking: Parking Lot
  • County: San Mateo
  • Zoning: R300029111190

This listing courtesy of Carlos Azucena, Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Burlingame High School

1 Mangini Way, Burlingame, CA, 94010

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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