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1775 Marco Polo WAY
1775 Marco Polo WAY
1775 Marco Polo WAY
1775 Marco Polo WAY
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1775 Marco Polo WAY
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1775 Marco Polo WAY
For Sale

1775 Marco Polo WAY

1775 Marco Polo WAY, BURLINGAME, CA 94010

$20,000,000
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.

23,075 Sq.Ft. LIVING AREA

0.89 Acres lot

PHILIP BATLIN

PHILIP BATLIN

SAM RUNCO

SAM RUNCO

Features & Amenities

Area & Lot

  • Status For Sale
  • Living Area23,075 Sq.Ft.
  • Lot Area0.89 Acres
  • MLS® IDML81995355
  • TypeMulti-Family
  • YEAR BUILT1957
  • School DistrictSan Mateo Union High

Exterior

  • roofTar/Gravel

Financial

  • Sales Price$20,000,000
  • Zoning R3

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Schedule a Showing

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Thank you for your interest in 1775 Marco Polo WAY, BURLINGAME, CA 94010. We are reviewing your request and will be in touch shortly!

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