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$5,100,000
Est. payment /mo
10,585 Sqft Lot
UPDATED:
12/05/2024 05:07 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81972236
HOA Y/N No
Year Built 1958
Annual Tax Amount $58,193
Lot Size 10,585 Sqft
Property Description
Marcus & Millichap is pleased to present 1416 Floribunda Avenue, a trophy apartment complex situated in a prime Burlingame location a few steps away from Burlingame Avenue. The property is exceptionally well maintained, offering an investor a turn-key apartment complex in central Burlingame. The property sits on a 10,584 SF lot (.24-acres) offering (8) one-bedroom units and (1) two-bedroom unit with spacious floorplans and interior upgrades. Its proximity to major employment centers like Silicon Valley and San Francisco will continue to attract professionals seeking convenience and accessibility. Commuters will benefit from being located less than a ½-mile from Burlingame Caltrain Station. Offering Memorandum available by request.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning multifamily
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 9
Roof Type Flat
Schools
School District Other
Others
Tax ID 029131290
Special Listing Condition Standard
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Listed by Mitchell Zurich • Marcus & Millichap