1500 Newlands Ave

1500 Newlands Ave, Burlingame, CA 94010

  • For Sale $12,750,000
  • Property Type Multi-Family
  • Property Size 25,767 SF
  • Units 20
  • Lot Size 15,300 Acre
  • # of Floors 2
  • Parking Spaces Avail. 24
  • Year Built 1967
  • Year Renovated 2024
  • Date Updated May 1, 2024
  • Website www.cbcworldwide.com
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 put 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.

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Highlights

  • Age: Over 50 Years Old

Contacts

broker

Kevin Caravelli

Coldwell Banker Realty

(707) 217-2819

broker

Steven Caravelli

Coldwell Banker Realty

(415) 706-0008

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Burlingame, CA
  • Zip Code 94010
  • Market San Francisco

Points of Interest

  • Burlingame

    0.34 miles

  • San Mateo

    1.34 miles

  • Hayward Park

    2.56 miles

  • Millbrae

    2.78 miles

  • Hillsdale

    3.43 miles

  • Taxi Stand at SFO, Domestic Terminal 1 (Arrivals Level in front of Door 13, 14, 15)

    3.46 miles

  • Terminal 1

    3.48 miles

  • Taxi Stand at SFO, Domestic Terminal 2 (Arrivals Level in front of Door 1, 2, 3, 4)

    3.53 miles

  • Terminal 2

    3.53 miles

  • International Terminal A

    3.56 miles

  • Valero

    0.48 miles

  • Shell

    0.57 miles

  • Chevron

    0.78 miles

  • ChargePoint

    0.87 miles

  • 76

    1.19 miles

  • Chevron

    1.20 miles

  • Valero

    1.27 miles

  • Shell

    1.56 miles

  • Arco

    1.58 miles

  • 76 gas station

    1.65 miles

  • Lot G

    0.10 miles

  • Lot L

    0.13 miles

  • Lot K

    0.14 miles

  • Lot W

    0.14 miles

  • Lot H

    0.15 miles

  • Lot J

    0.16 miles

  • Lot F

    0.17 miles

  • Lot K-1

    0.21 miles

  • Lot E

    0.22 miles

  • Lot B

    0.24 miles

  • Burlingame Hotel

    0.25 miles

  • Hilton Garden Inn San Francisco-Airport/Burlingame

    0.98 miles

  • Red Roof Inn

    1.00 miles

  • Hilton San Francisco Airport

    1.04 miles

  • DoubleTree Hotel San Francisco Airport

    1.09 miles

  • Embassy Suites San Francisco Airport

    1.13 miles

  • Crowne Plaza San Francisco Airport

    1.23 miles

  • Best Western Coyote Point

    1.34 miles

  • San Mateo SFO Airport Hotel

    1.39 miles

  • Holiday Inn Hotel & Suites : San Mateo-San Francisco SFO

    1.42 miles

  • Ike's Love & Sandwiches

    0.09 miles

  • Five Guys

    0.10 miles

  • Pizza My Heart

    0.13 miles

  • Sapore Italiano

    0.16 miles

  • Rasoi Restaurant & Lounge

    0.16 miles

  • Panda Express

    0.16 miles

  • Rise Pizzeria

    0.16 miles

  • Asian Box

    0.17 miles

  • Joe & the Juice

    0.18 miles

  • Sixto's Cantina

    0.18 miles

  • Saint Catherine of Siena Elementary School

    0.12 miles

  • Peninsular Ave School

    0.30 miles

  • Burlingame Montessori

    0.46 miles

  • Park School

    0.49 miles

  • Washington Elementary School

    0.49 miles

  • Burlingame High School

    0.52 miles

  • McKinley Elementary School

    0.59 miles

  • Moore School

    0.61 miles

  • San Mateo High

    0.95 miles

  • North Hillsborough Elementary School

    0.99 miles

  • Papillon Preschool

    2.15 miles

  • Lakeview Montessori

    4.56 miles

  • Footsteps Child Care

    5.94 miles

  • Footsteps Childcare

    5.95 miles

  • KinderCare

    6.65 miles

  • Silverspot Co-operative Nursery School

    8.23 miles

  • Pacifica Co-op Nursery School

    8.53 miles

Frequently Asked Questions

What is the lease rate for 1500 Newlands Ave?

Rental asking rate at 1500 Newlands Ave is $6,375,000.00/YR.

What is the total square footage of 1500 Newlands Ave?

1500 Newlands Ave totals 25,767 square feet.

When was this property built?

1500 Newlands Ave was built in 1967.

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