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$2,900,000
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Property Description
508 El Camino Real is an eight-unit multifamily property located two blocks from Burlingame Avenue. Excellent price per unit at less than $400,000 per unit. Strong in-place rents with room to increase them and excellent value-add potential through upgrades and remodeling. Currently, the highest cap rate in the market. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the downtown.
Full Property Details
Full Property Details for 508 El Camino Real
General
- Sold For: $2,900,000
- Status: Closed
- Type: Commercial Residential Facility
- Source: RE_Infolink
- MLS ID: ML82025573
- Added to Site: 87 day(s) ago
Additional Information
- Security/Safety: None
Parking
- Parking Features: Carport , Parking Area
Location
- Area: Burlingame Downtown Area
- County: San Mateo
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Individual Electric Meters
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Concrete Slab
- Roof: Flat / Low Pitch
- Disability Access: None
- Square Feet: 8,607
- Year Built: 1976
Unit Information
Unit 1
- Square Feet: 650
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1926
- Minimum Lot Size: 8389
- Building Sites: 1
- Zoning: R30000
Disclosures and Reports
- Restrictions: None
Listed by Marcus & Millichap, Carlos Azucena
Sold by M&MKW, Carlos Azucena
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Schools
Schools serving 508 El Camino Real
School Districts:Burlingame Elementary School District, San Mateo Union High School District
| Name | Grades | Distance |
|---|---|---|
McKinley Elementary School, Burlingame, CA 701 Paloma Avenue, Burlingame, CA 94010 | K-5 | 0.3 mi |
Burlingame Intermediate School 1715 Quesada Way, Burlingame, CA 94010 | 6-8 | 1.9 mi |
Burlingame High School 1 Mangini Way, Burlingame, CA 94010 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 El Camino Real
Date
Details
Price
Change
Source
12/26/2025
Sold
$2,900,000
-9.32%
MLS
10/22/2025
Listed
$3,198,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
508 El Camino Real, Burlingame, CA 94010 (MLS# ML82025573) is a Commercial Residential Facility property that was sold at $2,900,000 on December 26, 2025. Want to learn more about 508 El Camino Real? Do you have questions about finding other Commercial Residential Facility real estate for sale in Burlingame? You can browse all Burlingame real estate or contact a Coldwell Banker agent to request more information.

