1416 Floribunda AVE Active

Burlingame,CA 94010

$ 5100000

3 Beds

2 Baths

8344 SqFt


Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,344 sqft

Price per Sqft $611

MLS Listing ID ML81972236

Bedrooms 3

Full Baths 2

Year Built 1958

Lot Size 10,584 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 Burlingame Downtown Area

Zoning multifamily

Interior

Heating Wall Furnace

Cooling None

Exterior

Garage Covered Parking

Utilities Available Individual Electric Meters,Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Foundation Concrete Perimeter and Slab

Sewer Sewer Connected

Water Water On Site

Others

Special Listing Condition Not Applicable

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