Bought with John Pang • Realty One Group Extreme
$4,770,000
$4,885,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
8,344 SqFt
SOLD DATE : 03/17/2025
Key Details
Sold Price $4,770,000
Property Type Commercial
Sub Type Five or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 8,344 sqft
Price per Sqft $571
MLS Listing ID ML81992754
Sold Date 03/17/25
Bedrooms 3
Full Baths 2
Year Built 1958
Lot Size 10,584 Sqft
Property Sub-Type Five or More Units
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 Burlingame Downtown Area
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Exterior
Parking Features Assigned Spaces, Covered Parking
Utilities Available Individual Electric Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Perimeter and Slab
Sewer Sewer Connected
Water Water On Site
Others
Restrictions None
Tax ID 029-131-290
Security Features None
Special Listing Condition Not Applicable
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+1(925) 413-1849 | kenneth@jcastlegroup.com