Contact Xavier Gomez
Schedule A Showing
1775 Marco Polo Way, Burlingame, CA 94010
Priced at Only: $20,000,000
For more Information Call
Mobile: 714.478.6676
Address: 1775 Marco Polo Way, Burlingame, CA 94010
Property Photos

Property Location and Similar Properties
- MLS#: ML81995355 ( )
- Street Address: 1775 Marco Polo Way
- Viewed: 5
- Price: $20,000,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1957
- Bldg sqft: 0
- Days On Market: 37
- Additional Information
- County: SAN MATEO
- City: Burlingame
- Zipcode: 94010
- Provided by: Marcus & Millichap
- Contact: Sam Sam
- DMCA Notice
-
Description1775 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.
Features
Building Area Total
- 23075.00
Carport Spaces
- 40.00
Cooling
- None
Insurance Expense
- 22629.00
Otherexpense
- 9784.00
Parcel Number
- 025142020
Roof
- Tar/Gravel
Totalexpenses
- 363121.00
Trash Expense
- 19225.00
Utilities
- Other
Water Source
- Other
Year Built
- 1957
Year Built Source
- Assessor
Zoning
- R3

- Xavier Gomez, BrkrAssc,CDPE
- RE/MAX College Park Realty
- BRE 01736488
- Mobile: 714.478.6676
- Fax: 714.975.9953
- salesbyxavier@gmail.com