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451-453 Rollins Road
Burlingame, CA 94010
Asking Price
$1.35M
Cap Rate
2.88%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 2 Units <ul><li>Unrealized Rental Increase - Immediately add over $400 per month upon Close of Escrow.Burlingame Address. Mid-Peninsula location with award-winning Burlingame schools, a vibrant downtown, and quick access to SFO, Highway 101, and Caltrain.</li><li>100% Occupied with Long-Term Tenants. Both units leased; Unit 451 since 2017, Unit 453 since 2023 — immediate, stable day-one cash flow.</li><li>Turnkey Condition. Both 2BR/1BA units have been thoughtfully refreshed with modern finishes thr
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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.02%
Monthly Payment
$6,674.116
Annual Cash Flow
$-89.392
