Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.243

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $5,625,000

  • Tax Amount

    63495.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

San Mateo

Elementary School

Middle School

High School

Listing Courtesy of Robert Johnston , Marcus & Millichap

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Don't miss out on this rare opportunity to acquire a multifamily investment property in one of the Bay Area's most desirable cities.  1416 Floribunda Avenue is a stunning 9-unit property that sits roughly 1/2 mile from both Burlingames Caltrain Station as well as Downtown Burlingame, with many high end shopping, dining and entertainment options including Crepe Vine, Starubucks, Philz Coffee, Village Host Pizza & Grill, Sephora, Banana Republic, Pottery Barn, Lulu Lemon and more.  The subject property is also within close proximity to many of the nations top tech employers including Oracle, GoPro, Electronic Arts, Inc. (EA), Facebook, Cisco Systems, Visa, Sony and many others.  The current owner has meticulously maintained this asset giving an investor a true turn-key opportunity.

1416 Floribunda Avenue

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Situated in between San Francisco and the South Bay; Burlingame is uniquely postured as a mid-point centrally located in the heart of the thriving and ever evolving Silicon Valley. The strong demographics of the area have lead to robust growth of the business community, attracting very strong retail, office, life science, technology. The subject property is centered in the epicenter of Downtown and is a mere stones throw away from Burlingame Avenue. New construction surrounds the property and is driving further growth by attracting additional retail, restaurants and offices. The building offers: street retail, office suites- large and small, common area and easy access to abundant parking. The subject property has been meticulously cared for and upgraded by its current ownership with maintenance capital improvements as well as upgrades vital to the continued attraction to its constituents. Key Data Points: ± 6,630 SqFt Building (Per Floor Plan Visuals), ± 7,763 SqFt Parcel (Per Realist Tax Records), 13 Office Suites, 3 Retail Suites (Facing Park Road), Common Area Restrooms on First Floor, Lush, Serene Inner Courtyard Area for Common Enjoyment, Mini Splits Serving Units w/ HVAC, Abundant Short Term & Long Term Parking Surrounding the Property and much more!
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None Beds

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MLS#: ML82005517

 - property

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