Property Details
About this Property
The Coeur d'Alene Apartments are a well-maintained 10-unit multifamily property located just two (2) blocks from the heart of Burlingame Avenues vibrant shopping and dining district. The unit mix consists of six (6) studios and four (4) one-bedroom/one-bath apartments, with unique and well-maintained units and thoughtful updates throughout. The property features a NEW ROOF (2024), UPGRADED ELECTRICAL PANELS, and in 2025 has PASSED its SEWER LATERAL INSPECTION. --- Tenants enjoy convenience and comfort with amenities including eight (8) covered carport spaces, one (1) open parking space, and a fully finished storage room. Units are individually metered for gas and electric, and the property is heated via a central boiler and radiator system. ---- Investors will appreciate the strong in-place income with upside in rents, current cap rate of 3.82% and pro forma of 5.64%. Priced at $2,900,000 ($290,000/unit), this classic 1936 building offers a rare chance to acquire a stabilized asset in one of, if not THE BEST neighborhoods in all of Burlingame.
MLS Listing Information
MLS #
ML82010264
MLS Source
MLSListings, Inc.
Interior Features
Flooring
Hardwood, Laminate, Tile
Cooling
Ceiling Fan
Heating
Other, Radiant
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Carport, Covered Parking, Garage: 0 Car(s)
Elementary District
Burlingame Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
Multifamily Residential
Contact Information
Listing Agent
Nate Gustavson
Compass
License #: 01898316
Phone: (415) 786-9410
Co-Listing Agent
Cameron Foster
License #: 00972394
Phone: (415) 699-6168
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 10 | 10 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 573 | 1 | 1/0 | $1,369 | $1,815 | 4 |
| 2 | 382 | – | 1/0 | $1,330 | $1,700 | 6 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1116 Douglas Ave is a Residential Income in Burlingame, CA 94010. This 5,253 square foot property sits on a 9,126 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,900,000 and was built in 1936. This address can also be written as 1116 Douglas Ave, Burlingame, CA 94010.
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This listing information is up-to-date as of July 16, 2025. For the most current information, please contact Nate Gustavson, (415) 786-9410
