Property Overview:
This is a cute bungalow located off Burlingame Avenue in Burlingame, CA, built in 1925. It is currently a non-conforming duplex but was originally a single-family home. The property is listed for $1,550,000 and sits on a 5,750 sq. ft. lot with a total living space of 1,608 sq. ft.. It features 2 bedrooms and 2 full bathrooms, split between two units.
Neighborhood Highlights:
- Prime Location: Close to Burlingame Avenue, offering easy access to shopping, dining, and amenities.
- Potential for Customization: Buyers can live in one unit and rent the other or convert it back to a single-family home.
Property Features:
-
Front Unit (229):
- 1 bedroom, 1 bathroom.
- Updated bathroom with designer touches.
- Dark stained wood floors, arched walkways, and dual-pane windows.
- Kitchen includes stackable washer/dryer, gas oven range, dishwasher, and stainless steel fridge.
-
Back Unit (227):
- 1 bedroom, 1 bathroom.
- Original parquet-style floors and textured walls.
- Large living/dining space with a bonus room for storage.
- Exclusive use of the garage and a washer/dryer in the back shed.
-
Lot Details:
- 5,750 sq. ft. lot.
- Sewer lateral compliance, new storm drain, and sump pump completed with permits.
Important Notes:
- Non-Conforming Duplex: If the home is removed, the city will not allow a new duplex to be built.
- Buyer Responsibility: Buyers should investigate the size, age, and future use of the property to their satisfaction.
- Seller’s 1031 Exchange: Sellers are conducting a 1031 exchange at no cost to the buyer.
Location Benefits:
- Versatile Opportunity: Ideal for living in one unit and renting the other or converting back to a single-family home.
- Convenient Access: Close to Burlingame Avenue and local amenities.