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1775 Marco Polo WAY, BURLINGAME, CA 94010

$20,000,000 (Active)
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1775 Marco Polo WAY, BURLINGAME, CA 94010

$$20,000,000
Active
est.$20,000,000/month.
beds. baths. 23,075 Sqft.

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1775 Marco Polo WAY, BURLINGAME, CA 94010

$20,000,000
Active
est.$20,000,000/month.
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
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Property Description

MLS Information

  • Listing: ML81995355
  • Listing Last Modified: 2025-03-12

Property Details

  • Standard Status: Active
  • Built in: 1957

Geographic Data

  • County: San Mateo
Features

Interior Features

  • Living area: 23075

Exterior Features

  • Roof type: Tar/Gravel

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        2023 MLSListings Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than DeLeon Realty are marked with the IDX icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from MLSListings MLS as of the date shown below. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties appearing for sale on this website may subsequently have sold and may no longer be available.
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