Duplex with Private Rear
545 Rollins Road Burlingame, CA 94010
For Sale
$1,590,000
Pending
Fully remodeled vacant rear unit with private garage and backyard; front unit is tenant-occupied with separate entry.
Property Size1,648 SF
Days on Market49
Property Features for 545 Rollins Road
General Information
- Standard status
- Pending
- Size
- 1,648 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1944
Listing Agency:
Berkshire Hathaway HomeServices DrysdaleProperties
(650) 222-6438
Listed By:
Constantino Anezinos · License #02001895
(650) 222-6438
Source:
Exitrealty
Added: Jun 6
Changed: Jul 23
Last Checked: Jul 23 at 3:51PM
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 Berkshire Hathaway HomeServices DrysdaleProperties
Investment Insights
Based on property information with market context.
This duplex presents an owner-user setup with two separately accessed units. The rear unit is fully remodeled and vacant, offering a private garage and a backyard space designed for quiet outdoor use. The front unit is tenant-occupied, with separate access and an arrangement where the tenants cover their own utilities.
Both units have separate entrances and good separation, supporting privacy while still providing rental income from the occupied front unit. The property is located in Burlingame with convenient access to downtown Burlingame, nearby parks, and Burlingame High School, all within a short walk.
Offered for sale as a duplex property at 545 Rollins Road in Burlingame, this home is positioned for buyers seeking a move-in ready rear residence paired with an income-producing front unit.
Both units have separate entrances and good separation, supporting privacy while still providing rental income from the occupied front unit. The property is located in Burlingame with convenient access to downtown Burlingame, nearby parks, and Burlingame High School, all within a short walk.
Offered for sale as a duplex property at 545 Rollins Road in Burlingame, this home is positioned for buyers seeking a move-in ready rear residence paired with an income-producing front unit.
Key Highlights
- Year built 1944 duplex with fully remodeled vacant rear unit and tenant‑occupied front unit
- Rear unit is vacant and move‑in ready, with its own private garage and private backyard
- Front unit is rented for $3,695/month; tenants cover their own utilities
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.2k | $44.40 |
| − Vacancy | −$4.8k | −$2.89 |
| EGI | $68.4k | $41.51 |
| − OpEx | −$20.5k | −$12.45 |
| NOI | $47.9k | $29.06 |
1,648 SF · lease $44.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$684.2K
$598.6K – $798.2K
NOI $47,891 @ 7.0% cap · market cap 3.01%
Second Best
Apartment 5plus
$640.8K
$560.7K – $747.6K
NOI $44,854 @ 7.0% cap · market cap 2.82%
Theoretical Best
Warehouse
$1.31M
$1.15M – $1.53M
NOI $91,632 @ 7.0% cap · market cap 5.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
S.A. Cleaning Services
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Fully remodeled vacant rear unit with private garage and backyard; front unit is tenant-occupied with separate entry.
Where is this duplex located?
The property is located at 545 Rollins Road Burlingame, CA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Year built 1944 duplex with fully remodeled vacant rear unit and tenant‑occupied front unit; Rear unit is vacant and move‑in ready, with its own private garage and private backyard; Front unit is rented for $3,695/month; tenants cover their own utilities
