1124 Douglas Ave Burlingame, CA 94010
Downtown Burlingame NeighborhoodEstimated payment $20,402/month
Highlights
- No HOA
- Laundry Room
- Combination Of Heating Systems
- McKinley Elementary School Rated A
- Dog Park
About This Home
Century 21 Masters is pleased to present 1124 Douglas Avenue — a rare, fully remodeled 4-unit multifamily investment opportunity in one of the San Francisco Peninsula's most coveted and supply-constrained markets. Ideally positioned just blocks from the vibrant heart of Downtown Burlingame, this distinguished 1904-vintage property combines timeless character with thoroughly modern finishes, offering an exceptional blend of immediate income and long-term appreciation potential.
The offering consists of a beautifully maintained 3-bedroom, 2.5-bath front house facing Douglas Avenue — fully remodeled while preserving the architectural grace of its 1904 origins — plus a completely updated triplex in the rear. All four units feature fresh interior and exterior paint, stainless steel appliances, gas stoves, quartz countertops, elegant fixtures, and new laminate wood floors. The triplex additionally benefits from new windows and updated electrical systems throughout, ensuring minimal near-term capital expenditure for the next owner.
Three single-car garages plus generous surface parking in the rear provide a rare amenity in this walkable, transit-rich location. The tree-lined Douglas Avenue setting, just steps from Burlingame's award-winning restaurant row, boutique retail, top-rated schools, and the Burlingame Caltrain Station, makes this an effortlessly rentable asset with consistently strong tenant demand and minimal vacancy risk.
With residential multi-family zoning permitting single-family, multi-family, and ADU uses — and with SFO International Airport just minutes away — 1124 Douglas Avenue represents the Peninsula income property that sophisticated investors wait years to find
Listing Agent
Century 21 Masters-Arroyo Grande Brokerage Phone: 805-709-4828 License #01354722 Listed on: 04/03/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 5,931 Sq Ft Lot
- 1 Common Wall
- Density is 11-15 Units/Acre
Parking
- 2 Car Garage
Home Design
- Quadruplex
- Entry on the 1st floor
Interior Spaces
- 4,646 Sq Ft Home
- 2-Story Property
- Family Room with Fireplace
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Additional Features
- Exterior Lighting
- Combination Of Heating Systems
Listing and Financial Details
- Legal Lot and Block 3 / 5
- Assessor Parcel Number 029132170
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Recreation
- Dog Park
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $109,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $41,226 | $3,714,227 | $2,228,536 | $1,485,691 |
| 2023 | $41,226 | $3,570,000 | $2,142,000 | $1,428,000 |
| 2022 | $24,739 | $2,159,643 | $1,350,973 | $808,670 |
| 2021 | $24,774 | $2,117,299 | $1,324,484 | $792,815 |
| 2020 | $24,259 | $2,095,590 | $1,310,904 | $784,686 |
| 2019 | $23,720 | $2,054,500 | $1,285,200 | $769,300 |
| 2018 | $23,187 | $2,007,000 | $1,260,000 | $747,000 |
| 2017 | $5,750 | $456,958 | $131,247 | $325,711 |
| 2016 | $5,541 | $447,999 | $128,674 | $319,325 |
| 2015 | $5,514 | $441,272 | $126,742 | $314,530 |
| 2014 | $5,435 | $432,630 | $124,260 | $308,370 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/03/2026 04/03/26 | For Sale | $3,200,000 | -- | $689 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Deed | -- | Lawyers Title Company | |
| Deed | -- | Lawyers Title Company | |
| Grant Deed | -- | Lawyers Title Company | |
| Grant Deed | $3,500,000 | Lawyers Title | |
| Grant Deed | $2,000,000 | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $1,800,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PI26072249
APN: 029-132-170
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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