640 N El Camino Real, San Mateo, CA 94401

Citrine Advisors is pleased to offer the opportunity to acquire a well located, two-story, six-unit apartment building, perfectly situated across from the coveted San Mateo park residential neighborhood, and just a few blocks to downtown Burlingame and San Mateo offering all the conveniences of retail boutiques, restaurants and cafes, as well as close proximity to highway networks and employment centers.

The property contains 4,686 square feet of gross building area on a 7,750 square foot mid-block lot. There is onsite parking in six carports in the rear, each with a storage locker. There is an onsite laundry room providing additional income.

The site sits directly opposite to San Mateo Park, a high median income neighborhood known for its historic, tree-lined streets, large, luxurious homes, and lush, landscaped traffic circles. The neighborhood features architectural styles ranging from Craftsman and Tudor to Mediterranean.

The property is located just five blocks southeast of downtown Burlingame, and one mile north of downtown San Mateo. Access to interstate Highway 101 is within one mile. The San Mateo bridge is five miles southeast and the San Francisco International Airport is six miles north.

This value-add opportunity provides upside in rents with all two-bedroom units. The property has been under the same family ownership for nearly four decades.