Commercial property · 2 recorded sales since 2015
Listing Agent: Steve Zirelli (DRE #01929245) · Listing Office: Cornish & Carey Commercial · Contact: 650-322-2600 · Bought with: Joel Hopman · Newmark Cornish & Carey · MLS #ML81847031 · Source: CRMLS
Rare permit-ready 8-unit residential condo project in Downtown Burlingame! The fully entitled four-story development opportunity located at 1433 Floribunda Avenue Burlingame, CA consists of (1) 2 bed 2 bath and (7) 2 bed 2.5 bath premium residential units which average 1,152 in sq. ft. in size, decks ranging from 100-220 sq. ft. and at-grade parking. This highly sought after location feeds to excellent schools, retail corridors of Downtown Burlingame and El Camino Real, and is convenient to best-in-class tech and health care employers of Silicon Valley. The townhome-style units are marketable to a large addressable audience given the premium and boutique building feeling and exceptional Walk Score of 92. Desirable townhome-style unit mix lending to large buyer pool. At-grade parking. Short walk to heavily-amenitized downtown Burlingame. All units feature private outdoor space. https://www.burlingame.org/business_detail_T54_R94.php for City of Burlingame staff reports, plans, etc.
Listing description from the October 2021 sale, as reported to CRMLS.