1500 Newlands Avenue Burlingame, CA 94010

Multi-Family Home MLS #: 424023977 Courtesy Of Coldwell Banker San Francisco Pacific Heights

$12,250,000

25,767 sq ft
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Estimated monthly payments: $53,549/mo.* (recalculate)

Property InformationDescription

1500 Newlands Avenue is a well-constructed elevatored 20-unit apartment with secured parking for 24 cars and 21 storage lockers. It features a mix of (6) Two-Bedroom/1 Bathroom and (14) One-Bedroom/1 Bathroom units, all have a private patio or balcony. Current ownership has implemented a renovation program for 17 out of 20 units, giving a clear and proven plan for considerable rental upside upon turnover. Renovated units feature an in-unit washer/dryer, hardwood flooring, and recessed lighting. Renovated kitchens feature modern stainless steel appliances, granite countertops, tile backsplash, and shaker cabinetry. Bathrooms have sleek tiling with high-end shower heads and faucets. The building recently had new exterior and interior painting, brand new water-efficient landscaping, a new sewer main, and a security camera system throughout. This is a rare opportunity for investors to acquire an efficiently operated trophy property in a low-density A+ Location, on a prominent corner, just 3 short blocks from Burlingame Avenue.

Features

  • Lot Size: 0.35 Acres
  • Style: Other Style

MAP & DIRECTIONS

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1500 Newlands Avenue, Burlingame, CA 94010
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School Information

1500 Newlands Avenue, Burlingame, CA 94010

Elementary School
Grades KG-5 | Public School
WASHINGTON ELEMENTARY
Burlingame, CA 94010
801 Howard Ave
650.­259.3880
Distance: 0.5 mi
School Rating
B
Student:Teacher Ratio
23:1
Total Students
367
Middle School
Grades 6-8 | Public School
BURLINGAME INTERMEDIATE
Burlingame, CA 94010
1715 Quesada Way
650.­259.3830
Distance: 2.3 mi
School Rating
B+
Student:Teacher Ratio
21:1
Total Students
1068
High School
Grades 9-12 | Public School
BURLINGAME HIGH SCHOOL
Burlingame, CA 94010
1 Mangini Way
650.­558.2899
Distance: 0.5 mi
School Rating
A
Student:Teacher Ratio
21:1
Total Students
1537
Other Nearby Schools Distance Type Grades School Rating
St Catherine Of Siena School 0.1 mi Private KG-8
San Mateo Park Elementary 0.5 mi Public KG-5 C-
Mckinley Elementary School 0.6 mi Public KG-5 B+
Genius Learning 0.6 mi Private TKG
Genius Learning 0.6 mi Private TKG
Pacific Rim Int'l School 0.7 mi Private PK-8
The Bridge School 0.9 mi Private KG-6
Stanbridge Academy 0.9 mi Private 1-12
San Mateo High School 1.0 mi Public 9-12 B
North Hillsborough School 1.0 mi Public KG-5 A
South Hillsborough School 1.1 mi Public KG-5 A-
College Park Elementary School 1.1 mi Public KG-5 A
Crocker Middle School 1.1 mi Public 6-8 A-
Roosevelt School 1.3 mi Public KG-5 B
St Matthew's Episcopal Day School 1.3 mi Private PK-8
Our Lady Of Angels School 1.6 mi Private KG-8
Tulane Montessori Children's House 1.6 mi Private PK-TKG
North Shoreview Montessori 1.7 mi Public KG-8 A-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Burlingame, CA 94010

Median Age: 41.8
Married: 61%
Number of Households: 16,187
Households with Children: 34.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home