1775 Marco Polo WAY, BURLINGAME, CA 94010

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1775 Marco Polo WAY, BURLINGAME, CA 94010

$20,000,000 (Active)

All pictures

$$20,000,000

Active

est.$20,000,000/month.

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beds. baths. 23,075 Sqft.

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Today (12:00 PM - 1:00 PM)

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Agent

Gail Rossetti
Gail@rossettirealty.com
6504656550
01179344

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Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

1775 Marco Polo WAY, BURLINGAME, CA 94010

$20,000,000

Active

est.$20,000,000/month.

Start My Approval

beds baths 23,075 Sq.ft.

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Property details for 1775 Marco Polo WAY, BURLINGAME, CA 94010

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.

Broker details: Marcus & Millichap

Listed by: Sam Runco
Co-listing Agent: Philip Batlin