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$ 5,100,000
Est. payment | /mo
3 Beds
2 Baths
8,344 SqFt
$ 5,100,000
Est. payment | /mo
3 Beds
2 Baths
8,344 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
Parking Features 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
Restrictions None
Tax ID 029-131-290
Security Features None
Special Listing Condition Not Applicable
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Listed by Mitchell Zurich Zurich • Marcus & Millichap
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Pete Ruiz
Agent | License ID: 01974535