NOT LISTED FOR SALE

Estimated Value: $2,194,000 - $2,511,000

8 Beds
4 Baths
3,336 Sq Ft
$715/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $1,367,500 $410 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $14,472/month

161 Days on Market

About This Home

As of March 2023

909 Rollins Road is a residential income property located in Burlingame Gardens - close to Burlingame Aquatic Club and high school, parks, and upscale shops and restaurants on Broadway. Originally built in 1952, this two story building offers two units on the upper level, and two on the lower level. Each unit is approximately 834 square feet (as per tax records) and offers two bedrooms, one bath, and two tandem parking spaces with storage. Currently, all units are tenanted month-to-month. The property has been owned and maintained by the same family for the past 35 years.

Last Agent to Sell the Property

Angelo Cosentino

Compass License #01224460 Listed on: 09/09/2022

Compass

Last Buyer's Agent

July Win

Jeffrey Pang & Company, Inc. License #01757024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,103

Year Built

  • Built in 1952

Lot Details

  • 5,250 Sq Ft Lot

Home Design

  • Quadruplex
  • Midcentury Modern Architecture
  • Flat Roof Shape
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • 2-Story Property
  • Free-Standing Gas Oven

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 026-251-140

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,103

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Architectural Style: Mid-Century
  • Stories: 2
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Number Of Rooms: 16
  • Appliances: Free Standing Gas Oven
  • Price Per Square Foot: 409.92
  • Square Footage: 3336.00

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete Perimeter
  • Roof: Flat

Garage/Parking

  • Carport Spaces: 4.00
  • Parking Features: Carport, Off Street
  • Total Parking Spaces: 8.00
  • Covered Parking Spaces: 4.00
  • Independent Parking Spaces: 4
  • Tandem Parking Spaces: 4

Utilities

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Water District

Fee Information

  • Utilities Expenses: 5892

Lot Info

  • Assessor Parcel Number: 026-251-140
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.1205
  • Lot Size Sq Ft: 5250.00
  • Lot Size Units: SqFt
  • Price Per Acre: 11348547.72

Rental Info

  • Tenant Pays: Electricity, Gas
  • Number Of Units Month To Month: 3
  • Units Furnished: None

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 29.60
  • Number Of2 Bedrooms Occupied: 4
  • Number of 2 Bedroom Units: 4
  • Number Of Units Leased: 3
  • Separate Meters: Common Area Meter, Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Jeffrey Pang & Company Inc
Bought by
Lin H Nay Family Trust and Nay
Current Estimated Value
$2,377,333

Purchase Details

Listed on
Sep 9, 2022
Closed on
Mar 17, 2023
Sold by
Ausejo Carlos
Bought by
Jeffrey Pang & Company Inc
Seller's Agent
Angelo Cosentino
Compass
Buyer's Agent
July Win
Jeffrey Pang & Company, Inc.
List Price
$1,898,000
Sold Price
$1,367,500
Premium/Discount to List
-$530,500
-27.95%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.36%
Original Mortgage
$1,406,500
Interest Rate
6.09%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lin H Nay Family Trust -- Chicago Title Company
Jeffrey Pang & Company Inc $1,367,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin H Nay Family Trust $200,000
Open Stahler Family Trust $1,380,000
Previous Owner Jeffrey Pang & Company Inc $1,406,500
Previous Owner Munguia Jose $250,000
Previous Owner Munguia Jose $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $1,367,500 -28.0% $410 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
09/09/2022 09/09/22 For Sale $1,898,000 -- $569 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $16,103 $1,422,747 $936,360 $486,387
2023 $16,103 $1,286,641 $964,981 $321,660
2022 $7,306 $613,237 $214,629 $398,608
2021 $7,311 $601,214 $210,421 $390,793
2020 $7,160 $595,050 $208,264 $386,786
2019 $7,007 $583,383 $204,181 $379,202
2018 $6,876 $571,945 $200,178 $371,767
2017 $6,824 $560,731 $196,253 $364,478
2016 $6,573 $549,737 $192,405 $357,332
2015 $6,541 $541,480 $189,515 $351,965
2014 $6,446 $530,874 $185,803 $345,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422692772

San Francisco Association of REALTORS® MLS

APN: 026-251-140