Newly Built Duplex with
739-741 Linden Avenue Burlingame, CA 94010
739-741 Linden Avenue, Burlingame, CA, 94010
$4,500,000
For Sale
$4,500,000
A newly built 2024 duplex with separate meters, private entrances, and two-car side-by-side garages with EV charging.
Property Size5,109 SF
Price / SF$880.80
Days on Market74
Property Features for 739-741 Linden Avenue
General Information
- Standard status
- Active
- Size
- 5,109 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2024
Listing agency
Corcoran Icon Properties
(415) 999-6191
Listed by
Derek Zhang · License #01511521
(415) 999-6191
Source
Exitrealty
Added: May 9 Updated: Jul 20 at 9:34PM Checked: Jul 21 at 4:55AM
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 Corcoran Icon Properties
Investment Insights
Based on property information with market context.
Newly built in 2024 and finished with permit sign-off in 2025, this duplex is designed to function like two separate single-family residences. Both the front and rear homes include fully equipped features such as metal roofs, AC units, solar, and auto water shut-off systems, along with EV-ready components. Each residence has its own private entrance and a 2-car side-by-side garage with EV charging. The front unit offers 3 bedrooms and 2.5 bathrooms with open living and dining areas, high ceilings, wood floors, and a modern kitchen. The rear home includes 3 bedrooms plus an office and 2.5 bathrooms, supporting flexible day-to-day space needs.
The property is located on Linden Avenue in Burlingame, about half a mile from Burlingame Avenue shops, cafes, and restaurants. Washington Park is nearby, and Burlingame High is described as within walking distance.
Both residences have separate utility meters for gas, electric, and water, providing independent service setup for each home.
The property is located on Linden Avenue in Burlingame, about half a mile from Burlingame Avenue shops, cafes, and restaurants. Washington Park is nearby, and Burlingame High is described as within walking distance.
Both residences have separate utility meters for gas, electric, and water, providing independent service setup for each home.
Key Highlights
- Newly built 2024 duplex with permit sign‑off in 2025, designed to feel like two separate single‑family homes
- Each residence has 3 bedrooms and 2.5 baths, with private entrances and an open layout
- Separate meters for gas, electric, and water
Local 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 | $226.8k | $44.40 |
| − Vacancy | −$14.7k | −$2.89 |
| EGI | $212.1k | $41.51 |
| − OpEx | −$63.6k | −$12.45 |
| NOI | $148.5k | $29.06 |
5,109 SF · lease $44.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$2.12M
$1.86M – $2.47M
NOI $148,467 @ 7.0% cap · market cap 3.30%
Second Best
Apartment 5plus
$1.99M
$1.74M – $2.32M
NOI $139,052 @ 7.0% cap · market cap 3.09%
Theoretical Best
Warehouse
$4.06M
$3.55M – $4.73M
NOI $284,070 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - A newly built 2024 duplex with separate meters, private entrances, and two-car side-by-side garages with EV charging.
Where is this duplex located?
The property is located at 739-741 Linden Avenue Burlingame, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Newly built 2024 duplex with permit sign‑off in 2025, designed to feel like two separate single‑family homes; Each residence has 3 bedrooms and 2.5 baths, with private entrances and an open layout; Separate meters for gas, electric, and water
