Prime development opportunity in a highly desirable El Camino Real location! This property features a front home with 2 bedrooms and 2 full bathrooms, a spacious dining area, and a breakfast nook that opens to the kitchen. Recent updates include new carpeting and partial interior paint. The rear structure offers excellent income potential and is divided into two separate living spaces: one unit features 1 bedroom, 1 full bathroom, and a full kitchen, while the other is a studio with its own bathroom. The flexible layout provides the opportunity to generate additional rental income or accommodate extended family. Situated on an extra-large R-4 zoned lot, this property offers multiple development possibilities (buyer to verify with the appropriate authorities). Conveniently located just minutes from Downtown Burlingame, Downtown San Mateo, Caltrain, shopping, dining, and Highway 101, this is an exceptional opportunity for investors, developers, or owner-users seeking future potential in a prime Peninsula location.