1775 Marco Polo Way, Burlingame, CA 94010 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
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1775 Marco Polo Way, Burlingame, CA 94010

$19,500,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Sam Runco | sam.runco@marcusmillichap.com
Lic#: 01977683
Broker: Courtesy of Marcus & Millichap

Co Listing Agent


Philip Batlin | pbatlin@marcusmillichap.com
Lic#: 01873218
Broker: Courtesy of Marcus & Millichap

Agent Remarks

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.

Listing Details

Property type: (Commercial)
Status: Active
MLS# ML81995355
List price is $19,500,000 Reduced by $500,000 on 4/7/2025
Price: $19,500,000
HOA Fee is $0.00
Built in 1957
0.89 acres
Lot size: 0.8931
County: San Mateo
Zoning: R3
Heating/cooling: None
MLS area: 699 - Not Defined

Last Updated: 5/8/2025

 Days On Market (DOM): 75

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.590770, -122.386309.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
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