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1648 ALBEMARLE Way, Burlingame, CA 94010
Listing courtesy of: Daniel B Mulready, SC Properties
For Sale (MLS-listed)
$1,248,000

1648 ALBEMARLE Way Burlingame, CA 94010

Beds: 4
Baths: 2
Sq. Ft.: 2,178
$/Sq. Ft.: $573
Lot Size: 7,200 Sq. Ft.
Stories:1
Year Built: 1951
Community: Ray Park
County: San Mateo
MLS#: 80941101
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 91 days
Pride of ownership with this immaculate West Side Ray Park Duplex. Bathrooms recently remodeled, recent front and rear landscape upgrades. Walk to top rated Lincoln Elementary and BIS Intermediate schools. Both units 2 br 1 bath units with owner unit in rear. Both units occupied with quality tenants on month to month leases paying $2,300.00 and $2,150.00 per month paying all own utilities.

Laundry Information

  • Washer/Dryer (All Units)

Utility Information

  • City/Public Water
  • Sewer in and Connected
  • Individual Electric Meter
  • Individual Gas Meter
  • Individual Water Meter

Property Features

  • Oven/Range (All Units)
  • Refrigerator (All Units)
  • Window Coverings (All Units)
  • Lawn Sprinklers

Unit 2 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Rent: $2,300

Property Information

  • # of Buildings: 1
  • Zoning: R200

Expense Information

  • Gardener
  • Insurance
  • Maintenance and Repairs
  • Other (See Remarks)
  • Insurance: $1,200
  • Landscape: $1,300
  • Maintenance: $1,200
  • Miscellaneous: $400
  • Total: $9,537
  • Owner Pays Gardener
  • Tenant Pays Gas
  • Tenant Pays Water
  • Tenant Pays Heating
  • Tenant Pays Cable TV
  • Tenant Pays Electric
  • Tenant Pays Garbage

Flooring Information

  • Tile
  • Hardwood
  • Linoleum/Vinyl

Building Information

  • # of Units (Total): 2
  • Insulation Unknown
  • Concrete Perimeter Foundation
  • Composition Roof

Multi-Family Information

  • 2 Bedroom Unit(s)
  • Vacancy Factor: 3
  • Vacancy Amount: 1602
  • Existing Rental Terms: Month-to-Month Rental(s)

Lot Information

  • Level Lot
  • Parcel Number: 025-206-050

Community Information

  • 2 Units
  • Common Patio

School Information

  • Elementary School: Lincoln
  • Middle School: Burlingame
  • High School: Burlingame
  • Elementary District: Burlingame Elementary
  • High School District: San Mateo Union High

Heating & Cooling

  • Gas Heat

Parking Information

  • Private Garage
  • 1 Space Per Unit

Unit 1 Information

  • # of Bedrooms: 2
  • # of Baths: 1
  • Rent: $2,150

Location Information

  • Tract Name: Ray Park
  • Cross Street: Ray Dr.
  • City Limits: City Limits

Financial Information

  • Tax Amount: $5,437.42
  • Gross Rent Multiplier: 23.37
  • Rental Income: $53,400
  • Net Income: $42,261
  • Gross Scheduled Income: $53,400
  • Gross Annual Income: $51,798
  • Gross Annual Income Includes: Rents
  • Capitalization Rate: 3.3860000000
  • Financial Information Source: Owner

Listing Information

  • AVM: Allow AVM
  • Commenting: Allow Commenting

Listing last changed

November 12, 2009, 3:17 PM

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Overhead View of 1648 ALBEMARLE Way, Burlingame, CA 94010

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Property History for 1648 ALBEMARLE Way

Date Event Price Appreciation Source
Aug 26, 2009 Listed $1,248,000 -- MLSListings #80941101
Mar 23, 2007 Sold (Public Records) $1,289,000 -- Public Records

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Public Facts for 1648 ALBEMARLE Way

Beds: 4
Baths: 2.0
Finished Sqft: 2178
Unfinished Sqft: -
Total Sqft: 2178
Floors: 1
Lot Size: 7,200
Style: Multi-Family (2-4 Unit)
Year Built: 1951
Year Renovated: -
County: San Mateo County
APN: 025206050
Last Updated: November 18, 2009

These facts may not match MLS-provided listing facts. Learn more.
Source: Public Records

Property Tax

Taxable Value
Land $550,000
Additions $550,000
Total $1,100,000
Tax (2008) $14,562

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Average: $458/Sq. Ft.
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Closest homes similar to 1648 ALBEMARLE Way, which sold within the past six months:

Range: $1,010,000 - $1,069,180
Average: $439/Sq. Ft.
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