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Burlingame Mixed-Use Investment Opportunity

Edgehill Drive, Burlingame, CA 94010

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For Sale

$3,798,000

Mixed-use property with residential and commercial units in prime location.

Type:Commercial

Property size:

6,318 SF

Lot size:

0.09 Acres

Price / SF:

$601/SF

HighLights

Prime Burlingame Terrace location, close to Burlingame Ave, Broadway, Washington Park, top‑rated schools, CalTrain, and major highways.
Mix of 5 residential units and 1 commercial unit, offering diverse income streams.
Commercial unit occupied by a long‑term salon with a lease expiring in 2029, providing stable income.
Flexible floor plan allows for multi‑generational living while maintaining rental income.
Two‑bedroom unit resembles a single‑family house and includes a private one‑car garage.
Studio unit can be combined with the two‑bedroom unit to create a larger single‑family residence.

We can help!

Listing Contact

CHARLES GRIFFITH

Learn more

For Sale

$3,798,000

Mixed-use property with residential and commercial units in prime location.

Type:Commercial

Property size:

6,318 SF

Lot size:

0.09 Acres

Price / SF:

$601/SF

Added:: May 19, 2025
Days on Market:: 399
Last Refresh:: Apr 5 at 8:18 pm

Property Features for Edgehill Drive

General Information

Standard status: Active
Size: 6,318 SF
Lot size: 0.09 Acres
Property subtype: Commercial

Building Details

Year Built: 1942

We can help!

Listing Contact

CHARLES GRIFFITH

Listing agent CHARLES GRIFFITH

Listing office GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY

Listing date May 19, 2025

Source Corcoran

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 GOLDEN GATE SOTHEBY'S INTERNATIONAL REALTY

HighLights

Prime Burlingame Terrace location, close to Burlingame Ave, Broadway, Washington Park, top‑rated schools, CalTrain, and major highways.
Mix of 5 residential units and 1 commercial unit, offering diverse income streams.
Commercial unit occupied by a long‑term salon with a lease expiring in 2029, providing stable income.
Flexible floor plan allows for multi‑generational living while maintaining rental income.
Two‑bedroom unit resembles a single‑family house and includes a private one‑car garage.
Studio unit can be combined with the two‑bedroom unit to create a larger single‑family residence.

Overview

Located on a tree-lined street in Burlingame Terrace, this mixed-use property features 5 residential units and 1 commercial unit. The property includes one 2-bedroom/1 bath unit, one 1-bedroom unit, and one studio apartment located off Edgehill Drive. Additionally, there are two 1-bedroom units and a commercial space situated on California Drive. The commercial space is currently occupied by a salon with a lease expiring in 2029. The two-bedroom unit includes a one-car private garage. The studio is currently vacant. The property's floor plan allows for flexible use, including potential for multi-generational living while maintaining rental income. The property is located near Burlingame Avenue, Broadway, Washington Park, top-rated schools, CalTrain, and major highways. The property has a size of 6318 square feet.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$433.7k	$68.64
− Vacancy	−$107.1k	−$16.95
EGI	$326.6k	$51.69
− OpEx	−$122.5k	−$19.38
NOI	$204.1k	$32.30

6,318 SF · lease $68.64/SF/yr · vacancy 24.70% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$2.92M

$2.55M – $3.40M (±1% cap)

NOI $204,095 @ 7.0% cap · market cap 5.37%

Second Best

Apartment 5plus

$2.46M

$2.15M – $2.87M (±1% cap)

NOI $171,958 @ 7.0% cap · market cap 4.53%

Theoretical Best

Warehouse

$5.02M

$4.39M – $5.85M (±1% cap)

NOI $351,292 @ 7.0% cap · market cap 9.25%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Mixed-use properties

Map

City: Burlingame
County: San Mateo
State: California
Longitude: -122.358
Latitude: 37.583

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For sale
Mixed-use properties
CA
Burlingame
94010
Edgehill Drive

What type of property is this?

Mixed-use property - Mixed-use property with residential and commercial units in prime location.

Where is this mixed-use property located?

The property is located at Edgehill Drive Burlingame, CA.

What is the asking price?

The asking price for this property is $3,798,000.

What are key features of this property?

This property features: Prime Burlingame Terrace location, close to Burlingame Ave, Broadway, Washington Park, top‑rated schools, CalTrain, and major highways.; Mix of 5 residential units and 1 commercial unit, offering diverse income streams.; Commercial unit occupied by a long‑term salon with a lease expiring in 2029, providing stable income.