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Listed by Ken Constantino • Compass
$ 6,500,000
Est. payment | /mo
10,712 SqFt
$ 6,500,000
Est. payment | /mo
10,712 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,712 sqft
Price per Sqft $606
MLS Listing ID ML82020231
HOA Y/N No
Year Built 1961
Lot Size 0.280 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Welcome to 1437 Floribunda Avenue in beautiful Downtown Burlingame. This 11-unit Residential Apartment Building was originally built in 1961 and has been lovingly owned and managed by it's current owners for over 50 years. Many fine upgrades and improvements have occurred in the past 25 years. There are (6), 1-bedroom, 1-bathroom apartments and (5) 2-bedroom 1-bathroom apartments. This is one of the best locations for multi-family income properties in the City of Burlingame. Only 3-blocks North of the vibrant commercial district of Burlingame Avenue, walking distance to the Caltrain Station, parks, schools, shopping. This location is ideal for those residents who work in San Francisco, Silicon Valley or the Peninsula. This fully-occupied, 11-unit apartment building offers immediate, stable cash flow with a 100% occupancy rate. Contact Listing Agent for details and disclosures.
Location
State CA
County San Mateo
Interior
Heating Forced Air, Wall Furnace
Cooling Central Air, Other
Flooring Hardwood, Laminate, Tile
Fireplace No
Window Features Double Pane Windows
Appliance Refrigerator, ENERGY STAR Qualified Appliances
Laundry Coin Operated
Exterior
View Other
Handicap Access Other
Building
Lot Description Level

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Adam Shoop
Broker Associate at LPT Realty | Lic# 1782227