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$ 4,770,000
$ 4,885,000 2.4%
Est. payment | /mo
10,585 Sqft Lot
$ 4,770,000
$ 4,885,000 2.4%
Est. payment | /mo
10,585 Sqft Lot
Key Details
Sold Price $4,770,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81992754
Sold Date 03/17/25
HOA Y/N No
Year Built 1958
Annual Tax Amount $55,323
Lot Size 10,585 Sqft
Property Description
Marketing Package available upon request with additional details -- 1416 Floribunda Avenue is a trophy 9-unit 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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 9
Roof Type Flat
Schools
School District Other
Others
Tax ID 029131290
Financing Cash
Special Listing Condition Standard
Listed by Mitchell Zurich • Marcus & Millichap
Bought with John Pang • Realty One Group Extreme
Bought with John Pang • Realty One Group Extreme