Newly Built Duplex with Separate
739741 Linden Avenue Burlingame, CA 94010
739741 Linden Avenue, Burlingame, CA, 94010
$4,299,999
For Sale
$4,299,999
2024 duplex features two fully separate residences, each with private entrance and its own utilities and 2-car garage.
Property Size5,109 SF
Price / SF$841.65
Days on Market76
Property Features for 739741 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
Listed by
Derek Zhang
(714) 497-3550
Source
Sevengables
Added: May 7 Updated: Jul 21 at 3:23PM Checked: Jul 21 at 3:23PM
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, this duplex was designed to function like two separate single-family homes. Each residence is fully equipped with a metal roof and includes its own AC unit, solar, and auto water shut-off system, along with an EV-ready setup. The front home offers 3 bedrooms and 2.5 baths with an open living and dining layout, high ceilings, wood floors, and a modern kitchen. The rear home includes 3 bedrooms, an office, and 2.5 baths, providing additional space for work-from-home needs. Both homes have private entrances and a 2-car side-by-side garage with EV charging, and each unit has separate meters for gas, electric, and water.
The property is located in Burlingame, about half a mile from Burlingame Avenue’s shops, cafes, and restaurants, and close to Washington Park. Burlingame High is within walking distance, and Burlingame Intermediate is an easy bike ride away, with Caltrain and major commute routes minutes from the home.
Separate metering, independent entrances, and dual garage accommodations support flexible use as a primary residence with rental income or for extended-family living.
The property is located in Burlingame, about half a mile from Burlingame Avenue’s shops, cafes, and restaurants, and close to Washington Park. Burlingame High is within walking distance, and Burlingame Intermediate is an easy bike ride away, with Caltrain and major commute routes minutes from the home.
Separate metering, independent entrances, and dual garage accommodations support flexible use as a primary residence with rental income or for extended-family living.
Key Highlights
- New 2024 duplex with two fully separate residences designed like two single‑family homes
- Each home has a private entrance and separate meters for gas, electric, and water
- Front residence: 3 bedrooms, 2.5 baths with open living/dining, high ceilings, and wood floors
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 3.45%
Second Best
Apartment 5plus
$1.99M
$1.74M – $2.32M
NOI $139,052 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$4.06M
$3.55M – $4.73M
NOI $284,070 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - 2024 duplex features two fully separate residences, each with private entrance and its own utilities and 2-car garage.
Where is this duplex located?
The property is located at 739741 Linden Avenue Burlingame, CA.
What is the asking price?
The asking price for this property is $4,299,999.
What are key features of this property?
This property features: New 2024 duplex with two fully separate residences designed like two single‑family homes; Each home has a private entrance and separate meters for gas, electric, and water; Front residence: 3 bedrooms, 2.5 baths with open living/dining, high ceilings, and wood floors
