$5,100,000
For Sale

1416 Floribunda Avenue

Burlingame, CA 94010
0.24 acres | #ML81972236
Listing OfficeMarcus & Millichap
Browse 30 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • Property SubtypeCommercialSale
      • Original List Price$5,100,000
      • MLS #ML81972236
      • MLS #ML81972236
      • CountySan Mateo
      • Property TypePurchase
      • Taxes Annual$58,193
      • Cost5100000
      • Acres0.243
      • School DistrictOther
      • Year Built1958

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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