Sheldon Rilliet Presents

THE Grand TriPlex

$2,298,000

Property Details

Bedrooms 5
Bathrooms 4
Square Feet 3,744 sq ft
Neighborhood Eastern Addition/Downtown Area

Picture Perfect Investment

This exquisite 3-unit triplex offers a harmonious blend of historical charm and turnkey updates, situated midway between Burlingame and San Mateo's vibrant downtowns—an ideal opportunity for investors or owner-occupants. Whether you’re looking to occupy a stunning unit while enjoying rental income or seeking a leased investment property, this 3,744-square-foot gem is an opportunity you don’t want to miss.

Features: Living Spaces with Character
The front unit, a stunning 2-bed, 1-bath home, welcomes you with its formal entry, sunroom, and a spacious living room featuring a gas insert fireplace. Enjoy meals or host guests in the formal dining room, complete with period built-in hutch that add timeless elegance. The upgraded kitchen pairs modern convenience with original charm. The original home on the lot is perfect for an End User.  

Contemporary Comfort:The second unit, a 1-bed, 1-bath apartment, boasts an open-concept design connecting the living room, kitchen, and spacious bedroom. Fresh 2024 carpeting and an enclosed rear yard make this unit both comfortable and private. The top-floor unit, a spacious 2-bed, 2-bath, features vaulted ceilings, in-unit laundry, and plenty of natural light. It's a perfect retreat with modern amenities and style. Modern living above the carports.
 
Turnkey Condition with Remarkable Upgrades: This property shines with its recent upgrades, including double-pane windows, refinished hardwood floors, remodeled kitchens and bathrooms, and a newer 5-year-old roof. Shared conveniences like a central laundry room and private enclosed yard spaces for two units offer additional appeal. 

The Ultimate Flexibility: Currently, two units are rented while the front unit is vacant—perfect for an owner-user or investor looking to maximize returns by leasing all three units. Outdoor Beauty Meets 

Modern Functionality: The beautifully landscaped grounds feature private, enclosed yard areas and gardens, providing tranquility and aesthetic charm to tenants and homeowners alike. Exceptional 

Location: Perfectly situated between bustling Burlingame and San Mateo downtowns, this property offers easy access to top dining, shopping, and entertainment, all while being in a serene residential setting. 

Offered at $2,298,000

Please request disclosures and details. 

2 UNITS OCCUPIED, 1 UNIT VACANT - Please contact Sheldon for Showing Information.  415-559-9691


NeighborhoodS 
San Mateo & Burlingame

Located 15 miles from downtown San Francisco, Burlingame is a populous suburb with a thriving commercial base of its own. The city stretches from San Francisco Bay to the east, Interstate 280 to the west, Millbrae to the north, and Hillsborough and San Mateo to the south. Burlingame calls itself the City of Trees and counts 18,000 trees on public land and right-of-ways -- including several large stands of eucalyptus. The Broadway and Burlingame Avenue corridors are popular shopping districts, but the city has commercial interests as well. Industrial growth in Burlingame was spurred in the 1960s and ’70s by its proximity to San Francisco International Airport, and the city is home to Virgin America airlines and related service industries. Landmarks in Burlingame include the distinctive Caltrain station at Burlingame Avenue and California Drive, built in 1894 in the Mission Revival style. Nearby is Washington Park, which covers 19 acres and includes tennis courts, baseball fields, a basketball court, a picnic area, a playground, and plenty of green space. A more obscure landmark is the Burlingame Museum of Pez Memorabilia on California Drive.

One of the largest cities on the San Francisco Peninsula, San Mateo boasts many options for recreation as well as a revitalized downtown, with a large movie theater, restaurants, and bars. Spanish explorers first came to present-day San Mateo on a 1776 scouting trip and named the creek they slept beside San Mateo Creek. In 1863, the railroad arrived in San Mateo, leading some wealthy San Franciscans to build summer and weekend homes in the area. Today, approximately 100,000 people call the city home. The median household income is $88,000, and the median home value is $722,000 according to 2013 United States Census Bureau data. Of San Mateo’s 40,014 housing units, 54 percent are owner occupied. The city is home to the Hillsdale Shopping Center and a number of parks -- including Central Park and the Coyote Point Recreation Area. The CuriOdyssey museum at Coyote Point offers science and wildlife exhibits for children and adults, some of which feature live animals. For a breathtakingly beautiful jog, hike, or bicycling outing, locals head to the Sawyer Camp Trail at the Crystal Springs Reservoir.
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Sheldon Rilliet

Schedule

Upcoming Events

Wednesday

Feb 26

Open House Tours

8:00 AM - 3:00 PM