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824 El Camino Real, Burlingame, CA, 94010

--beds
--baths
2,592sqft
$1,899,999
$733price/sqft
$12,189/moest. monthly cost
$487,560/yrincome needed

About This Home

Exceptional Multi-Unit Investment in Prime Burlingame Location Welcome to 824 El Camino Real a rare opportunity to own a fully leased triplex in the heart of Burlingame. This well-maintained property offers three income-producing units, each with strong rental demand, separate utilities, and on-site parking. Located just blocks from transit, shops, dining, and major commuter routes, this asset combines consistent cash flow with long-term appreciation potential. Whether youre looking to expand your portfolio, complete a 1031 exchange, or explore owner-occupancy with income offset, this property checks all the boxes. The layout, condition, and location make it ideal for both seasoned investors and first-time multi-unit buyers. Dont miss this rare chance to secure a high-performing asset in one of the Peninsulas most sought-after markets.

Getting Around

72
WalkingVery Walkable
0
TransitVery Limited Transit
74
BikeVery Bikeable

Schools

8/10
10/10
10/10
Burlingame High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1937

Materials

  • Foundation: Brick
  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Residential Income

Interior

Features

  • Door features: Other

Heating & Cooling

  • Heating features: Central Forced Air Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,592
  • Total interior livable area: 2,592 sqft

Property

Accessibility

  • Accessibility features: Other

Details

  • Parcel number: 029012190
  • Zoning: R30000
  • Special condition: Standard

Features

  • Stories: 2

Lot

  • Lot size: 5,525 sqft

Parking

  • Total spaces: 3
  • Parking features: Covered
  • Covered spaces: 3
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,607$115,284
Home Insurance *$160$1,920
Property Taxes $1,867$22,404
Electricity $555$6,669
Total$12,189$146,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$417,908/yr
40% on housing$365,670/yr
45% on housing$325,040/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$733This listing

vs Other Active Listings

Avg $/sqft

ZIP 94010$1,356
San Mateo County$915

vs Homes Sold Last Month

Median $/sqft

ZIP 94010$1,501
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-11Price change$1,899,999
2025-12-09Listed for sale$1,939,999
2025-12-01Listing removed$1,939,999
2025-10-27Price change$1,939,999
2025-06-27Price change$1,999,999
2025-06-18Price change$2,175,000
2025-05-04Listed for sale$2,325,000
2018-05-23Listing removed$2,800
2018-04-27Listed for rent$2,800
2017-08-01Listing removed$2,800
2017-06-27Price change$2,800
2017-06-03Price change$3,000
2017-05-26Price change$3,200
2017-05-22Listed for rent$3,475
2004-12-14Sold$1,005,000
1998-03-11Sold$495,000

For Sale by Agent

AgentSydney Manuel
BrokerageMaxim Solution Realty Corporation

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