Burlingame CA Real Estate & Commercial for Sale

Generational Oppty to Acquire an Irreplaceable Downtown Burlingame Location. Walkscore: 97. Howard Ave (1 Blk), Burlingame Ave (2 Blks), Caltrain Burlingame (2 Blks). VERY Large, SPACIOUS Units: 2 BR/2 BA (911 SF to 945 SF), 1 BR/1 BA (540 SF to 600 SF). First Time on Market in 50+ Years. Excellent Unit Mix: Six (6) 2 BR/2 BA, Three (3) 1 BR/1 BA Units. Potential to Achieve $6+/SF Rents w/ Apartment Home/Condo-Quality Finishes onUnit Turns. Top To Bottom Elevator Access (Out of Order But Can Be Restored). Potential to Convert 9 Carports to 3 ADU's (1 BR or 2 BR Units @ +/- 648 SF Each). 3 Additional ADU's Equate to $118,000 ($9,900/Month). R-4-I Zoning: High Density Residential w/ Incentive Overlay (Less Than 1/2 Mile From CalTrain), Offers Max. Density of 80 Units/Acre (Build 13 Units). R-4-I Tier 1 Height Limit: Up to 46 Ft. (5 Stories) - No Public Benefits Necessary. Multi-Parcel Assemblage Oppty for Large-Scale Development. Low Operating Expense Ratio (29%). Tenants Pay In-Unit PG & E. Potential for Investors to Implement Full RUBS Programs or Monetize Parking. In-Place CAP Rate: 3.49%/GRM: 17. Pro-Forma (Market) CAP Rate: 6.05%/12 GRM. Actual Rentable Interior SF: 7,296 SF (Based on In-Unit Measurement). Cost Per Actual RentableSF: $679/SF. PLEASE DO NOT DISTURB TENANTS.

Presenting 2 Arundel Road, an exceptional 6-unit multifamily investment in the heart of Burlingame, one of the Bay Area's most coveted rental markets. This 7,182 SF building sits on a 6,205 SF lot and features a desirable unit mix of four 1-bed/1-bath and two 2-bed/1-bath units, each designed for consistent tenant demand and long-term rent growth. With current rents already producing strong income and clear upside potential through pro-forma increases, this asset offers a rare opportunity to secure long-term cash flow in a supply-constrained, high-demand submarket. The building includes six dedicated garage spaces, on-site laundry, low-maintenance landscaping, and separately metered gas and electric utilities-features that reduce operational overhead and attract quality tenants.

Outstanding Corner Development Opportunity in Prime Burlingame Location! Rare chance to acquire three contiguous legal parcels totaling approx. 0.9 acres of vacant land on a prominent corner along El Camino Realone of Burlingame's most traveled corridors. This high-visibility site is directly across from Mills-Peninsula Medical Center and Burlingame Plaza (home to Starbucks, Lunardi's, CVS, and more), placing it at the heart of a thriving, amenity-rich area. Just minutes from the Millbrae Intermodal Station, SFO, and major highways, the location offers seamless connectivity for both local and regional access. Zoned for commercial, residential, multi-family, or mixed-use development, this blank canvas presents an unparalleled opportunity for developers and investors to bring a visionary project to life in one of the Peninsulas most dynamic markets. Corner exposure, excellent foot and vehicle traffic, and proximity to major employment hubs make this site ideal for medical, retail, hospitality, or high-density housing. Capitalize on strong demographics, prime frontage, and a high-demand locationthis is a rare development gem with limitless potential.

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. The property has undergone extensive capital improvements, minimizing deferred maintenance and enhancing tenant appeal. All 40 units have received minor improvements, leaving ample room to upgrade finishes, fixtures, and layouts to contemporary standards. This repositioning strategy allows a buyer to capture significant rental upside in a supply-constrained Burlingame market, driving stronger cash flow and long-term value. 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 this generational multifamily asset in one of the Peninsulas most sought-after locations.