$998,000
1500 Sherman Ave Apt 2E, Burlingame 94010
AddressIntel AI Briefing
This asset serves as a solid condo investment opportunity. It sits 7.3% below market at $693 per square foot and features a recently remodeled interior. Strong rental potential of $3,465 per month offers immediate yield potential with virtually zero immediate capital expenditure.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2026-05-18 | RESIDENTIAL ALTERATION - WINDOWS / DOORS | Active | $8,660 | ALEXANDER COMPANY |
| 2023-10-06 | RESIDENTIAL ALTERATION - REMODEL | Expired | $10,000 | ROBERT HAUSER CONSTRUCTION |
| 2023-06-15 | RESIDENTIAL ALTERATION | Expired | $1,874 | NORTHERN GLASS CO |
| 2023-04-26 | RESIDENTIAL ALTERATION | Finaled | $3,600 | HOME DEPOT USA INC |
Recent Neighborhood Remodeling (Burlingame)
Parcel & Zoning Info
Condo Investment Snapshot
Price positioning vs. 30 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
Fault Zone
Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.
Nearby Public Schools
Roosevelt Elementary
Burlingame Elementary
Burlingame Intermediate
Burlingame Elementary
Peninsula High (Continuation)
San Mateo Union High
School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.
Proprietary Intelligence
Market Heat Index
95/100
Based on recent sales velocity and local demand in 94010.
Flippability Score
60/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
52%
Likelihood of multiple offers based on local list-to-sale ratios and DOM.
Proforma ROI Calculator
Back-of-the-napkin deal analysis across development strategies.
Median of 4 recent condo sales in 94010: $802/sqft.
Projected Profit
Warning: Project is mathematically underwater.