1 month on rocket

615 Rollins Rd, Burlingame, CA, 94010

$2,250,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,764 SqFt
$814/SqFt
Multi

Location

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615 Rollins Rd, Burlingame$2,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport
Year Built1951
HeatingWall Furnace
CoolingNone
MLS #ML81983780
Lot Size0.13 Acres
StatusActive

About 615 Rollins Rd

615 Rollins Rd is a stunning 4-unit multifamily asset located in the thriving city of Burlingame, California. Situated on a 5,769 square foot parcel of land, the subject property was originally constructed in 1951 and has a gross building area of approximately 2,7644 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. The subject property also offers tenants convenient amenities such as private covered parking and on-site laundry. Burlingame is strategically located between San Francisco and San Jose. The city is well situated and offers an ideal climate in a robust and successful community and region. The city offers a vibrant business and retail environment with several major shopping centers and an active downtown area. Many notable attractions in the city include the many street retailers lined along the popular parallel retail streets Broadway Ave and Burlingame Ave. The investment appeal of this asset is driven by Burlingame's strong employment fundamentals, low vacancy levels, and moderate climate. With a world-class location in the heart of the Peninsula, 615 Rollins Rd presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining & entertainment options.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Stories: 2
  • Living Area: 2,764 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Robert Johnston

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,250,000
  • Price Per SqFt: $814/SqFt

Tax Information:

  • Annual Amount: $2,262
  • 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

$1,317

Avg. Days On Market

32

# of Sold Homes

18

615 Rollins Rd vs Burlingame

38 DAYS ON ROCKET

+6 Days

$2,250,000

-$383K Less

$814/SqFt

-$503 Less

KEY TAKEAWAY

This property is $383K less than the Median Sold Price and $503/SqFt less than other homes in Burlingame, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81983780

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Robert Johnston

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: 11/23/2024, 4:20:50 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$2,262$154,562
2020$2,222$152,978
2019$2,184$149,979
2018$2,185$147,039
2017$2,167$144,157

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-801710
6
/10

  • Washington Elementary School

  • 801 Howard Ave

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-801711
7
/10

  • McKinley Elementary School

  • 701 Paloma Ave

  • 0.77 miles

  • Public District Grades KG-5

school-card-donut-801712
4
/10

  • San Mateo Park Elementary School

  • 161 Clark Dr

  • 1.21 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 $74,175. Residents of Burlingame, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Mateo County›Burlingame›94010›615 Rollins Rd

This home is located at 615 Rollins Rd in Burlingame, CA and zip code 94010 in the Burlingame Shore neighborhood. This 2,764 square foot home, which was built in 1951, sits on a 0.13 acre lot. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $2,250,000.

In October 2024 more than 11 listings in Burlingame, CA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 5 were sold below. The number of homes for sale in Burlingame, CA increased by 4.7% between September 2024 and October 2024. In October 2024, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $2,633,000.

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

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