What's a realistic Burlingame cap rate?
B-class SFR: 3.5-4.5%. Small-multifamily: 4.0-5.5%. Anything claiming 7%+ in Burlingame is either C-class neighborhood or pro-forma fiction.
For Burlingame investors
Burlingame investment property realtor — real underwriting, no pro-forma fiction.
Roger Grubb specializes in Bay Area small-multifamily and SFR-rental underwriting. He has closed Richmond duplexes, Concord triplexes, and Oakland 4-unit properties. He underwrites on actual rents and actual carrying costs — not Zillow estimates. (510) 504-0402.
Burlingame stats: median $2,650,000 · $1205/sqft · 11 DOM.
Why Burlingame for investors
Suburban Peninsula at its most polished. Walkable Burlingame Ave downtown, Hillsborough adjacency, and one of the strongest school districts on the Peninsula.
Roger\'s read: Easton Addition has the consistent appreciation and walkability. North Burlingame is the value play. Burlingame Hills offers more land but a steeper commute.
Burlingame investor FAQ
Does Burlingame cash flow work at 25% down?
Year 1 typically no. The math works on 5+ year holds with rent growth + appreciation + principal paydown.
Can I 1031 into Burlingame?
Yes. Roger works with two qualified intermediaries and has hit 45-day identification windows under tight conditions.
How do I find off-market deals in Burlingame?
Roger's 18-year East Bay + Peninsula network surfaces 1-in-4 deals before they hit MLS. Investors avoid bidding wars there.