NOT LISTED FOR SALE

722 Linden Ave Burlingame, CA 94010

Burlingame Gardens Neighborhood

Estimated Value: $2,553,804 - $2,653,000

7 Beds
4 Baths
2,741 Sq Ft
$953/Sq Ft Est. Value

Last Sold May 27, 2025

Last sale price $2,650,000 $967 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $15,675/month

5 Days on Market

Highlights

  • Enclosed Parking
  • 3 Car Attached Garage
  • 1-Story Property
  • McKinley Elementary School Rated A
  • Forced Air Heating System
  • 3-minute walk to Alpine Park

About This Home

As of May 2025

Marketing Package and Disclosures available upon request. 722 Linden Avenue is an exceptionally well located triplex in Burlingame, California. The property has (2) 2 Bedroom x 1 Bathroom units, and (1) 3 Bedroom x 2 Bathroom, each unit has their own private garage parking. The front unit offers in-unit laundry, and the back two units share a laundry space. Unit 722 is the 3-Bedroom unit, facing Linden Avenue. Unit 722 has access to a very large front lawn, with a picket fence surrounding the yard. Unit 722B has a private and gated front patio area. Unit 722A has a private and gated backyard. Linden Avenue is walking distance to Burlingame High School, Downtown Burlingame, and the Burlingame Caltrain Station. Buyer to review and verify all information provided.

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 04/11/2025

Last Buyer's Agent

Kristopher Mares

KW Advisors License #02188892

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,601

Year Built

  • 1926

Lot Details

  • 10,598 Sq Ft Lot

Parking

  • 3 Car Attached Garage
  • Enclosed Parking

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,741 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $150,384
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,741 Sq Ft Building

Building Details

  • 3 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $3,860
  • Maintenance Expense $1,450
  • Utility Expense $4,656
  • Operating Expense $41,097
  • Gross Income $146,745

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,601

Year Built

1926

Lot Details

0

Parking

3

Listing Details

  • Zoning: R20000
  • Subclass: Triplex
  • Age: 99
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2741
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Interior Features

  • Living Sq Ft: 2741
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Enclosed

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Mateo Union High

Lot Info

  • Lot Acres: 0.2433
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10600.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.42
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3860
  • Expense Landscape: 1000
  • Expense Maintenance: 1450
  • Expenses Total: 41097
  • Expenses Utility: 4656
  • Income Annual Gross: 146745.00
  • Income Annual Rental: 150384
  • Income Gross Scheduled: 151284
  • Income Includes: Laundry
  • Income Other: 900
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2025
Closed on
May 21, 2025
Sold by
Donnelly Family Living Trust and Donnelly Dan
Bought by
Boon Kevin and Boon Bonnie
Seller's Agent
Mitchell Zurich
Marcus & Millichap
Buyer's Agent
Kristopher Mares
KW Advisors
List Price
$2,635,000
Sold Price
$2,650,000
Premium/Discount to List
$15,000
0.57%
Views
14
Current Estimated Value
$2,612,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,399
Avg. Annual Appreciation
-5.53%
Original Mortgage
$1,000,000
Outstanding Balance
$998,097
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$1,614,504

Purchase Details

Closed on
Aug 29, 2007
Sold by
Donnelly Teresa and Donnelly Dan
Bought by
Donnelly Dan and Donnelly Teresa

Purchase Details

Closed on
Oct 31, 2006
Sold by
Axiaq Frances and Axiaq Mary
Bought by
Donnelly Dan and Donnelly Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$915,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Boon Kevin $2,650,000 First American Title
Donnelly Dan -- None Available
Donnelly Dan $1,220,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boon Kevin $1,000,000
Previous Owner Donnelly Dan $1,302,000
Previous Owner Donnelly Dan $915,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 Sold $2,650,000 +0.6% $967 / Sq Ft
04/17/2025 04/17/25 Pending -- -- --
04/11/2025 04/11/25 For Sale $2,635,000 -- $961 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $18,601 $1,634,528 $817,264 $817,264
2023 $18,601 $1,571,060 $785,530 $785,530
2022 $17,940 $1,540,256 $770,128 $770,128
2021 $17,961 $1,510,056 $755,028 $755,028
2020 $17,506 $1,494,574 $747,287 $747,287
2019 $17,122 $1,465,270 $732,635 $732,635
2018 $16,795 $1,436,540 $718,270 $718,270
2017 $16,669 $1,408,374 $704,187 $704,187
2016 $16,059 $1,380,760 $690,380 $690,380
2015 $15,984 $1,360,020 $680,010 $680,010
2014 $12,175 $1,020,000 $510,000 $510,000
Source: Public Records

Agents Affiliated with this Home

  • Mitchell Zurich

    Seller's Agent in 2025

    Mitchell Zurich

    Marcus & Millichap

    (650) 391-1824

    1 in this area

    84 Total Sales

    Mitchell Zurich
    Section Image

  • K

    Buyer's Agent in 2025

    Kristopher Mares

    KW Advisors

    (650) 627-3700

    1 in this area

    25 Total Sales

    Kristopher Mares
    Section Image
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Map

Source: MLSListings

MLS Number: ML82002096

MLSListings

APN: 029-061-300

California San Mateo County Burlingame 94010 Burlingame Gardens

722 Linden Ave, Burlingame, CA

This home is located at 722 Linden Ave, Burlingame, CA 94010 since 11 April 2025 and is currently estimated at $2,612,601, approximately $953 per square foot. This property was built in 1926. 722 Linden Ave is a home located in San Mateo County with nearby schools including McKinley Elementary School, Burlingame Intermediate School, and Burlingame High School.

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