CA > Burlingame
Burlingame, CA 94010,1775 Marco Polo Way
Burlingame, CA 94010,1775 Marco Polo Way
Burlingame, CA 94010,1775 Marco Polo Way
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$20,000,000
Est. payment /mo
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23,075 SqFt
Active

1775 Marco Polo Way Burlingame, CA 94010

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Disen Cai

Disen Cai

Keller Williams Peninsula Estates

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 23,075 sqft

Price per Sqft $866

MLS Listing ID ML81995355

HOA Y/N No

Year Built 1957

Lot Size 0.893 Acres

Acres 0.89

Property Sub-Type Other

Property Description

1775 Marco Polo Way is a 40-unit multifamily property on a 0.9-acre lot in Burlingame, California. The property features a diverse unit mix: 12 studios, 24 one-bedroom/one-bath units, and 4 two-bedroom/two-bath units. 18 of the units are leased under the Abode Housing program, ensuring guaranteed rental payments, reduced turnover risk, and stable tenancy. The property has undergone extensive capital improvements, minimizing deferred maintenance and enhancing tenant appeal. Many units have been renovated, offering modernized living spaces. Additional amenities include covered parking with individual storage lockers, a swimming pool, and on-site laundry facilities. There is also potential to add additional units to the site by building ADU's where the carports are. Strategically located in a thriving rental market, this investment offers immediate cash flow potential and long-term growth. Don't miss this rare opportunity to acquire a high-performing multifamily asset in one of the Peninsulas most sought-after locations.

Location

State CA

County San Mateo

Zoning R3

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Handicap Access Other

Building

New Construction No

Others

Tax ID 025142020

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Sam Runco • Marcus & Millichap

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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