About 1437 Floribunda Ave
Welcome to 1437 Floribunda Avenue in beautiful Downtown Burlingame. This 11-unit Residential Apartment Building was originally built in 1961 and has been lovingly owned and managed by it's current owners for over 50 years. Many fine upgrades and improvements have occurred in the past 25 years. There are (6), 1-bedroom, 1-bathroom apartments and (5) 2-bedroom 1-bathroom apartments. This is one of the best locations for multi-family income properties in the City of Burlingame. Only 3-blocks North of the vibrant commercial district of Burlingame Avenue, walking distance to the Caltrain Station, parks, schools, shopping. This location is ideal for those residents who work in San Francisco, Silicon Valley or the Peninsula. This fully-occupied, 11-unit apartment building offers immediate, stable cash flow with a 100% occupancy rate.
Features of 1437 Floribunda Ave
| MLS® # | ML82020231 |
|---|---|
| Price | $6,500,000 |
| Square Footage | 10,712 |
| Acres | 0.28 |
| Year Built | 1961 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 1437 Floribunda Ave |
|---|---|
| Area | Burlingame Downtown Area |
| City | BURLINGAME |
| County | San Mateo |
| State | CA |
| Zip Code | 94010 |
Amenities
| Utilities | Individual Electric Meters, Public Utilities |
|---|---|
| Parking Spaces | 11 |
| Garages | No Garage |
| View | Other |
| Is Waterfront | No |
Interior
| Heating | Central Forced Air Heat, Wall Furnace, Central Forced Air - Gas |
|---|---|
| Cooling | Central Air Conditioning, Central Forced Air - Gas, Room Air Conditioner(s), Other |
| Fireplace | No |
Exterior
| Lot Description | Grade - Level |
|---|---|
| Windows | Double Pane Windows |
| Roof | Rolled Composition |
| Construction | Wood Frame |
| Foundation | Concrete Slab, Wood Frame, Quake Bracing, Post & Beam |
Additional Information
| Zoning | R30000 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Ken Constantino |
|---|---|
| Office | Compass |
| Contact Info | 650-814-0277 |