CA > Burlingame
Burlingame, CA 94010,1775 Marco Polo Way
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Burlingame, CA 94010,1775 Marco Polo Way
Burlingame, CA 94010,1775 Marco Polo Way
Burlingame, CA 94010,1775 Marco Polo Way
Burlingame, CA 94010,1775 Marco Polo Way
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Sam Runco • Marcus & Millichap
$ 17,500,000
Est. payment /mo
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Active

1775 Marco Polo Way Burlingame, CA 94010

23,075 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 23,075 sqft

Price per Sqft $758

MLS Listing ID ML81995355

HOA Y/N No

Year Built 1957

Lot Size 0.893 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

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. The property has undergone extensive capital improvements, minimizing deferred maintenance and enhancing tenant appeal. All 40 units have received minor improvements, leaving ample room to upgrade finishes, fixtures, and layouts to contemporary standards. This repositioning strategy allows a buyer to capture significant rental upside in a supply-constrained Burlingame market, driving stronger cash flow and long-term value. 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 this generational multifamily asset in one of the Peninsulas most sought-after locations.

Location

State CA

County San Mateo

Interior

Heating Other

Cooling None

Fireplace No

Exterior

Handicap Access Other

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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