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Key Details
Sold Price $3,150,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81847031
Sold Date 10/21/21
HOA Y/N No
Lot Size 9,212 Sqft
Property Description
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.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning RM0000
Interior
Fireplace No
Exterior
Fence None
Building
Water Public
Schools
School District Other
Others
Tax ID 029112050
Financing Other
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Bought with Joel Hopman • Newmark Cornish & Carey