Burlingame CA Real Estate & Commercial for Sale

*OFFER DATE: TUESDAY SEPT 8TH @ 10AM - NO PRE-EMPTIVE OFFERS* Excellent opportunity at 805 Burlway Road in a convenient Burlingame location. This property offers flexible space, easy access, and great potential for a variety of uses. Conveniently located near major transportation routes, shopping, dining, and local amenities.

Located in one of Burlingames most desirable neighborhoods, this well-maintained five-unit investment property offers an excellent opportunity for both investors and owner-users. The property features four one-bedroom, one-bath units and one two-bedroom, one-bath unit, providing a versatile unit mix in a highly sought-after Peninsula location. Residents enjoy convenient access to top-rated schools, nearby parks, and the vibrant downtown Burlingame corridor, known for its outstanding dining, shopping, and neighborhood amenities. The property is also conveniently located near Highway 101 and other major commuter routes, making access throughout the Bay Area easy and efficient. With all five units currently occupied, 820 Winchester Drive presents an attractive income-producing opportunity in a desirable Burlingame neighborhood.

Welcome to 345 Lorton Avenue, Suite 304 in Burlingame, California. Outstanding Downtown Burlingame location at the corner of Bellevue and Lorton Avenue-just two short blocks north of the bustling Burlingame Avenue retail shopping and dining area. This is a rare and inviting 3rd floor office condo with over 720 square feet of open floor space and a 90 square foot private balcony. The prestigious and well-maintained office building offers a light and bright work area, kitchenette, an assigned one-car underground parking space, outside patio/garden and many more amenities. The building boasts many quality businesses with a pride of ownership address.

1775 Marco Polo Way presents a compelling acquisition opportunity for nonprofit operators and mission-driven investors seeking a stabilized, income-secure affordable housing asset in one of the Peninsulas most supply-constrained rental markets. The property is 75% occupied with approximately 87% occupied units leased to Housing Choice Voucher holders, with rents paid directly by the Housing Authority of the County of San Mateo (HACSM) and other subsidized housing programs. Current income is not projected it is contracted and government-backed, reflected in the actual rent roll. The remaining 10 units are vacant and unencumbered, available for immediate lease up by the acquiring entity at current 2026 HUD Small Area Fair Market Rents for zip code 94010 (Studio: $2,520 | 1BR: $3,020 | 2BR: $3,660). The primary value driver for a qualifying nonprofit buyer is the California property tax welfare exemption under Revenue and Taxation Code Section 214. At $189,507 annually, a 75% exemption reduces this expense line to $47,377 a conservative assumption, as many qualifying nonprofit operators achieve full exemption upon conversion. Combined with stabilized voucher income, the pro forma generates NOI of $1,122,996 and a capitalization rate of 6.81% at the asking price of $16,498,000.

Rarely Available, A+ Broadway Burlingame Location. Walk to Broadway Shops and Cal-Train Station. Walk Score: 89, Bike Score: 81. Spacious 1 Bedroom / 1 Bath Units w/ Desirable Floorplans - Offering Possibility to Convert to 2 Bedroom / 1 Bath Floorplans to Increase NOI & Cap Rate. Low Operating Expense Ratio (30%). Individual Water Heaters (1 for Each Unit). Potential to Add Dishwashers and In-Unit Washer & Dryers. R-3 Zoning: Parcel Offers Medium/High Density Residential Development Potential in the Future. Capital Improvements Include: Plumbing and Electrical, Dual-Pane Windows, New Roofs, New Water Heaters, and More. Potential to Convert 6 Covered Carports (w/ 7' 6" ceiling) to 2 ADU's (1 BR/1 BA Units w/ +/- 600 SF Each). Consistently Strong Rents Driven by Convenient Location and Low-Supply Constraints. Strong Rental Demand. Easy Access to El Camino Real, 101, 280, and Major Silicon Valley Employers. Current CAP Rate (In-Place Rents): 3.75% / GRM (In-Place Rents): 17.6. Pro-Forma CAP Rate (Market Rents): 4.70% / GRM (In-Place Rents): 15. Reasonable Cost/SF: $613/SF. Please DO NOT DISTURB Tenants. Thank you!