508 El Camino Real
Size: 8 Units
Price: $3,198,000

OPEN HOUSE | Wednesday October 29th & Friday October 31st from Noon to 1pm.

The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 508 El Camino Real, an eight unit multifamily property in Burlingame, CA. This is a tremendous opportunity for an investor to enter one of the most coveted markets in the Bay Area.

508 El Camino Real is an eight unit multifamily property located in Burlingame, CA. The unit mix consists of (8) 1 bedroom / 1 bathroom that are approximately 650 sqft. It sits on a lot that is 0.20 acres or 8,712 Sqft. Residents enjoy amenities such as on-site parking and a laundry room while being a short walk away from the Downtown on Burlingame Ave.

Located next to Downtown Burlingame, residents are close to several points of interest. Within walking distance are over 50 shops and services that include Chase, the Apple Store, Mollie Stone’s Markets, and the Burlingame Public Library. Also within a short distance is the Burlingame CalTrain Station which offers a direct ride to either San Jose or San Francisco. Residents and property owners will benefit in the coming years thanks to the Town Square Project, a proposed six-story mixed-use office building and a town square.

Located between San Francisco and the South Bay, Burlingame is a sought-after destination for investors and residents. It’s also one of the most expensive cities with the average median home price being over $2.9M (as of September 2025). The price along with limited inventory and intense competition places homeownership out of reach for most residents. This creates a robust tenant base.

Location & Property Highlights

  • Spacious units that are approximately 650 SqFt.

  • Each unit has its own balcony.

  • On-site laundry allows for an additional source of revenue.

  • Designated carport parking for residents.

  • Select units have been upgraded with new flooring, paint, and bathroom fixtures.

  • Current and proposed developments will bring even more skilled and high wage earning employees to the area.

  • Downtown Burlingame is a short walk away, with over 50 restaurants and services, including Philz Coffee and the Apple Store.

  • Located in Burlingame, one of the most desired locations due to its proximity to San Francisco and the South Bay, while a short distance from some of the largest companies based in the Peninsula.

  • Burlingame Caltrain is a short walk away from the property.

  • Schools in the area are highly ranked, making it an ideal community for families.

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