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Multifamily

236 Anita Rd

236 Anita Rd, Burlingame, CA 94010

Listing Price: $2,500,000

Cap Rate
3.80%
GRM
13.68
Occupancy
97.0%

Investment Overview

Marcus & Millichap is pleased to present 236 Anita Road in Burlingame, California. 236 Anita Road a is seven-unit multifamily investment property that was built in 1940 and sits on a 0.12 Acre lot, per county assessor.

236 Anita Road consists of four (4) Studio units, and three (3) 1 Bedroom x 1 Bathroom units. The property also offers an onsite laundry space, and a shared courtyard.
The property is just steps away from Burlingame Avenue, and Washington Park. Washington Park offers tennis courts, a baseball diamond, bocce ball, playgrounds, a rose garden, and picnic tables for residents to enjoy. The newly built community center opened in Spring of 2022.
The Burlingame Caltrain Station is 900 feet from the property. Downtown Burlingame is 0.3 Miles from Anita Road. This primer location is great for residents who use Caltrain to easily move across the peninsula. This premier location gives tenants a multitude of options for travel, entertainment, dining, nightlife, and shopping.

Investment Highlights

  • Located Steps Away From Downtown Burlingame
  • Easy Access to Major Freeways and Burlingame Caltrain Station
  • Directly Across the Street From Washington Park And The Newly Built State-Of-The-Art Community Center

Exclusively Listed By

Financing By

Multifamily

236 Anita Rd

Listing Price: $2,500,000

Cap Rate
3.80%
GRM
13.68
Occupancy
97.0%

Investment Highlights

  • Located Steps Away From Downtown Burlingame
  • Easy Access to Major Freeways and Burlingame Caltrain Station
  • Directly Across the Street From Washington Park And The Newly Built State-Of-The-Art Community Center

Investment Overview

Marcus & Millichap is pleased to present 236 Anita Road in Burlingame, California. 236 Anita Road a is seven-unit multifamily investment property that was built in 1940 and sits on a 0.12 Acre lot, per county assessor. 236 Anita Road consists of four (4) Studio units, and three (3) 1 Bedroom x 1 Bathroom units. The property also offers an onsite laundry space, and a shared courtyard. The property is just steps away from Burlingame Avenue, and Washington Park. Washington Park offers tennis courts, a baseball diamond, bocce ball, playgrounds, a rose garden, and picnic tables for residents to enjoy. The newly built community center opened in Spring of 2022. The Burlingame Caltrain Station is 900 feet from the property. Downtown Burlingame is 0.3 Miles from Anita Road. This primer location is great for residents who use Caltrain to easily move across the peninsula. This premier location gives tenants a multitude of options for travel, entertainment, dining, nightlife, and shopping.

Exclusively Listed By

Financing By

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