Office Units with Private
For Sale
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1424 Chapin AVE, Burlingame, CA 94010
The two-level layout includes ground-floor access from Chapin Avenue and four private offices upstairs.
Property Size2,457 SF
Price / SF$6.75
Days on Market184
Property Features for 1424 Chapin AVE
General Information
Standard status
Active
Size
2,457 SF
Net Rentable
2,457 SF
Site & Location
Road Access
Yes
Public Transit
Yes
Additional Details
Floor
Ground Floor, Second Floor
Property Use
Office
Amenities
high ceilings
natural light
private restrooms
deck
storage/media room
Building Details
Year Built
1908
Owner Occupied
No
Listing Agency:
Compass
Listed By:
Guy Giuffre · License #1393931
(831) 566-5430
Source:
Giuffreproperties
Added: Apr 30
Changed: Oct 28
Last Checked: Oct 28 at 3:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This vacant, two-level office property contains 2,457 square feet, with approximately 1,216 square feet on the ground floor and 1,241 square feet on the second floor. The lower level has two private restrooms, access from Chapin Avenue, and a deck. Upstairs are four private offices and a storage/media room. High ceilings and natural light are noted throughout. The landlord is planning an extensive remodeling project.
The property is situated between El Camino Real and Primrose Road in downtown Burlingame, with public transportation nearby. Nearby businesses include Apple, Starbucks, Sephora, Walgreens, and Lululemon.
The property is situated between El Camino Real and Primrose Road in downtown Burlingame, with public transportation nearby. Nearby businesses include Apple, Starbucks, Sephora, Walgreens, and Lululemon.
Key Highlights
- 2,457‑square‑foot office property across two levels
- Ground floor: approximately 1,216 square feet; second floor: approximately 1,241 square feet
- Four private offices and a storage/media room upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,693
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,573,860
$1.6M
Cap Rate 7%
$1,124,186
$1.1M
Cap Rate 9%
$874,367
$874.4K
Market Conditions
NOI Build-Up for 2,457 SF
Gross rent
$135.0K $54.96/SF
− Vacancy
−$30.1K −$12.26/SF
EGI
$104.9K $42.70/SF
− OpEx
−$26.2K −$10.68/SF
NOI
$78.7K $32.03/SF
Area
San Mateo County, CA
Vacancy
22.30%
Lease Rate
$54.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,573,860
Cap Rate 7%
$1,124,186
Cap Rate 9%
$874,367
Alternative Uses
Best Use
Office B
$1.12M
$983.7K – $1.31M
NOI $78,693 @ 7.0% cap · market cap 474.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.95M
$1.71M – $2.28M
NOI $136,614 @ 7.0% cap · market cap 823.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 94010, CA
44,045
Population
17,834
Households
2.5
Avg Household Size
42
Median Age
69%
College-Educated
96%
High-School Grad
15.1 sq mi
ZIP Area
2,917
Density / Sq Mi
$191,758
Median Household Income
$101,100
Median Earnings
$2,655
Median Rent
$2,000,001
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The two-level layout includes ground-floor access from Chapin Avenue and four private offices upstairs.
Where is this office unit located?
The property is located at 1424 Chapin AVE Burlingame, CA.
What are key features of this property?
This property features: 2,457‑square‑foot office property across two levels; Ground floor: approximately 1,216 square feet; second floor: approximately 1,241 square feet; Four private offices and a storage/media room upstairs
