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1124 Douglas Ave 4 Unit Apartment Building $4,453,440 CAD ($1,113,360 CAD/Unit) Burlingame, CA 94010



Investment Highlights
- Steps to Downtown Burlingame dining, retail & Caltrain Station
- Front house: 3 bed / 2.5 bath — preserved 1904 character with modern upgrades
- Rare 4-unit multifamily in supply-constrained Downtown Burlingame
Executive Summary
C21 Commercial | Masters is pleased to present 1124 Douglas Avenue — a rare, fully remodeled 4-unit multifamily investment opportunity in one of the San Francisco Peninsula's most coveted and supply-constrained markets. Ideally positioned just blocks from the vibrant heart of Downtown Burlingame, this distinguished 1904-vintage property combines timeless character with thoroughly modern finishes, offering an exceptional blend of immediate income and long-term appreciation potential.
The offering consists of a beautifully maintained 3-bedroom, 2.5-bath front house facing Douglas Avenue — fully remodeled while preserving the architectural grace of its 1904 origins — plus a completely updated triplex in the rear. All four units feature fresh interior and exterior paint, stainless steel appliances, gas stoves, quartz countertops, elegant fixtures, and new laminate wood floors. The triplex additionally benefits from new windows and updated electrical systems throughout, ensuring minimal near-term capital expenditure for the next owner.
Three single-car garages plus generous surface parking in the rear provide a rare amenity in this walkable, transit-rich location. The tree-lined Douglas Avenue setting, just steps from Burlingame's award-winning restaurant row, boutique retail, top-rated schools, and the Burlingame Caltrain Station, makes this an effortlessly rentable asset with consistently strong tenant demand and minimal vacancy risk.
With residential multi-family zoning permitting single-family, multi-family, and ADU uses — and with SFO International Airport just minutes away — 1124 Douglas Avenue represents the Peninsula income property that sophisticated investors wait years to find.
The offering consists of a beautifully maintained 3-bedroom, 2.5-bath front house facing Douglas Avenue — fully remodeled while preserving the architectural grace of its 1904 origins — plus a completely updated triplex in the rear. All four units feature fresh interior and exterior paint, stainless steel appliances, gas stoves, quartz countertops, elegant fixtures, and new laminate wood floors. The triplex additionally benefits from new windows and updated electrical systems throughout, ensuring minimal near-term capital expenditure for the next owner.
Three single-car garages plus generous surface parking in the rear provide a rare amenity in this walkable, transit-rich location. The tree-lined Douglas Avenue setting, just steps from Burlingame's award-winning restaurant row, boutique retail, top-rated schools, and the Burlingame Caltrain Station, makes this an effortlessly rentable asset with consistently strong tenant demand and minimal vacancy risk.
With residential multi-family zoning permitting single-family, multi-family, and ADU uses — and with SFO International Airport just minutes away — 1124 Douglas Avenue represents the Peninsula income property that sophisticated investors wait years to find.
Property Facts
| Price | $4,453,440 CAD | Building Class | C |
| Price Per Unit | $1,113,360 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 4,646 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1904 |
| Property Subtype | Apartment | Parking Ratio | 0.86/1,000 SF |
| Apartment Style | Garden | ||
| Zoning | R40000 - Multi-Family | ||
| Price | $4,453,440 CAD |
| Price Per Unit | $1,113,360 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,646 SF |
| No. Stories | 2 |
| Year Built | 1904 |
| Parking Ratio | 0.86/1,000 SF |
| Zoning | R40000 - Multi-Family |
Amenities
Unit Amenities
- Fireplace
- Heating
- Dining Room
- Family Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $2,783 CAD | - |
| 1+1 | 1 | $3,479 CAD | - |
| 2+1 | 1 | $4,175 CAD | - |
| 3+2.5 | 1 | $9,324 CAD | - |
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 029-132-170 | Improvements Assessment | $2,067,636 CAD |
| Land Assessment | $3,101,454 CAD | Total Assessment | $5,169,090 CAD |
Property Taxes
Parcel Number
029-132-170
Land Assessment
$3,101,454 CAD
Improvements Assessment
$2,067,636 CAD
Total Assessment
$5,169,090 CAD
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1124 Douglas Ave
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