Property Overview:
550 El Camino Real is a luxurious first-floor condo in Burlingame, CA, located in a 12-unit complex built over 20 years ago. It features 2 bedrooms, 2 bathrooms, and 1,154 sq. ft. of living space. The property includes underground gated parking with an EV charger, in-unit laundry, and a quaint patio. The estimated home value is $1,267,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.8% (lower than state average of 11.8%).
- Property crime risk: 6.2% (lower than state average of 10.8%).
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Schools:
Nearby top-rated schools include McKinley Elementary, Crocker Middle, and Burlingame High.- Average SAT score: 1071 (higher than state average of 975).
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Job Market:
- 73.2% white-collar jobs, 26.9% blue-collar jobs.
- Unemployment rate: 1.9% (lower than state average of 4.7%).
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Demographics:
- Community population: 38,645 (16% growth since 2000).
- 62% families with children.
- Largest age group: 45-54 years (16.79%).
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Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 50.5°F (January), 64.4°F (July).
- Average rainfall: 18.8 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $131,441.
- Average annual spending: $79,704.
Property Features:
- Open floor plan with high ceilings and hardwood floors throughout.
- Updated kitchen with new stainless steel appliances, freshly painted cabinets, and new countertops.
- Living Room: Features a gas-burning fireplace and access to two private patios.
- Primary Suite: Includes an en-suite bathroom with dual sinks.
- Bathrooms: Both fully updated.
- Additional Amenities:
- Elevator access with no stairs.
- HOA fees: $648/month (includes water, sewer, and garbage).
Location Benefits:
- Walkable to Downtown Burlingame: Upscale shopping, dining, Burlingame Library, Washington Park, and the Train Station.
- Commuter-friendly: Easy access to Caltrain, Hwy 101/280, and SFO Airport.
- Perfect for modern living in a serene, quiet complex.