Commercial property · 2 recorded sales since 2019
Listing Agent: Mitchell Zurich (DRE #01870648) · Listing Office: Marcus & Millichap · Contact: (650) 391-1700 · Bought with: John Pang · Realty One Group Extreme · MLS #ML81992754 · Source: CRMLS
1416 Floribunda Avenue sold for $4,770,000 in March 2025, 2.4% under its $4,885,000 list price, after 14 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
Marketing Package available upon request with additional details -- 1416 Floribunda Avenue is a trophy 9-unit apartment complex situated in a prime Burlingame location a few steps away from Burlingame Avenue. The property is exceptionally well maintained, offering an investor a turn-key apartment complex in central Burlingame. The property sits on a 10,584 SF lot (.24-acres) offering (8) one-bedroom units and (1) two-bedroom unit with spacious floorplans and interior upgrades. Its proximity to major employment centers like Silicon Valley and San Francisco will continue to attract professionals seeking convenience and accessibility. Commuters will benefit from being located less than a ½-mile from Burlingame Caltrain Station.
Listing description from the March 2025 sale, as reported to CRMLS.