El Camino Real & Howard Avenue, El Camino Real, Burlingame, CA 94101, USA
26Bed:
25,767 Sq FtLiving Area:
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Price
$ 12,75M
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6
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About This
House
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…
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The average household income in
Burlingame, CA
grew
from
$102,443
to
$118,410
in the past year. This data is an estimate based upon
11,987
households in
Burlingame, CA. The chart below presents how household income is distributed in
Burlingame, CA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Burlingame, CA
compared to median property taxes around the country. The prevalent amount of property taxes in
Burlingame, CA
equals
$3k+
, which is
more
than the national average.