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.
Mls | ML81972236 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 1958 |
Days On Site | 154 |
Listing Provided By | Marcus & Millichap (650) 391-1700 | Mitchell Zurich |
Sq Feet | 8,344 |
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Car Port | Yes |
Buildings | 1 |
Zoning | multifamily |
Acreage | 0.24 |
State | CA |
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County | San Mateo |
City | Burlingame |
Zip Code | 94010 |
Area | 699 Not Defined |
Listing VS Median (in 94010) | |
Price: $5,100,000 low | high Med: $2,624,000 SqFt: 8,344 low | high Med: 3,019 $ / SqFt: $611 low | high Med: $958 On Site: 154 low | high Med: 454.000000 |