11 days on rocket

1341 Drake Ave, Burlingame, CA, 94010

$2,250,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
1,180 SqFt
$1,907/SqFt
House

Location

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1341 Drake Ave, Burlingame$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1924
CoolingNone
FireplaceLiving Room, Wood Burning
MLS #ML81988050
Lot Size0.14 Acres
StatusActive

About 1341 Drake Ave

Nestled on one of the most coveted streets in the desirable Easton Addition, 1341 Drake Avenue offers an exceptional opportunity to own in one of Burlingame's premier neighborhoods. Built in 1924, this charming 2-bedroom, 1-bath home spans approximately 1,180 square feet on a 6,000-square-foot lot. Currently an income property, it has been well-maintained and is perfect for contractors or first-time homebuyers eager to renovate or expand. The potential is endless: customize the layout, modernize the interiors, or build your dream home. The detached garage has been converted into a versatile office/workshop, presenting a fantastic opportunity for an ADU conversion to suit multi-generational living or rental needs. Take advantage of this chance to invest in a property brimming with possibilities located close to Burlingame's top schools, shopping, dining, and parks. Whether you envision a light refresh or a significant transformation, 1341 Drake is the canvas you've been waiting for.

Property Details

Property Features

Property Information:

  • Year Built: 1924
  • Living Area: 1,180 SqFt

Listing Office:

  • Office Name: Gilmartin Group
  • Office Phone: (650) 348-2020
  • Listing Agent: Alex Hawkins

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring Type: Tile, Wood
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Hillside Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $1,907/SqFt

Tax Information:

  • Annual Amount: $1,555
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burlingame, CA.

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Burlingame, CA

City

Med. Sold Price

$2.6M

Med. Price/SqFt

$1,329

Avg. Days On Market

20

# of Sold Homes

18

1341 Drake Ave vs Burlingame

11 DAYS ON ROCKET

-9 Days

$2,250,000

-$445K Less

$1,907/SqFt

+$577 More

KEY TAKEAWAY

This property is $445K less than the Median Sold Price and $577/SqFt more than other homes in Burlingame, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81988050

Listing Office:

  • Office Name: Gilmartin Group
  • Office Phone: (650) 348-2020
  • Listing Agent: Alex Hawkins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,555$97,562
2020$1,530$96,563
2019$1,505$94,671
2018$1,506$92,815
2017$1,494$90,996

History based on county public records data.

Payment Calculator

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,812

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4521137
6
/10

  • Roosevelt Elementary School

  • 1151 Vancouver Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-4521138
8
/10

  • Lincoln Elementary School

  • 1801 Devereux Dr

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-4521139
9
/10

  • Hoover Elementary School

  • 2220 Summit Dr

  • 0.64 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,947. Residents of Burlingame, CA typically earn between $35k-100k each year. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1341 Drake Ave

What is the listing price of this property?

The listing price of 1341 Drake Ave property is $2,250,000.

What type of property is this?

The property 1341 Drake Ave is a house located in Burlingame, California, 94010.

Is this property for sale now?

Active Listing: 1341 Drake Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,555 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1341 Drake Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1341 Drake Ave is 1,180 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1341 Drake Ave is 1924.

Rocket Homes›California›San Mateo County›Burlingame›94010›1341 Drake Ave

This home is located at 1341 Drake Ave in Burlingame, CA and zip code 94010 in the Easton Addition neighborhood. This 1,180 square foot home, which was built in 1924, sits on a 0.14 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $2,250,000.

In November 2024 more than 8 listings in Burlingame, CA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 6 were sold below. In November 2024 in Burlingame, CA there were 6.8% less homes for sale than in October 2024. In November 2024, listings were on the market for 20 days. During the same period, the median list price in this real estate market was $2,695,000.

From Rocket Homes Real Estate and based on county public records data.

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