Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81995355
MLS Source
MLSListings, Inc.
Days on Site
75
Interior Features
Cooling
None
Heating
Other
Exterior Features
Roof
Tar/Gravel
Foundation
Other
Parking, School, and Other Information
Garage/Parking
Covered Parking, Garage: 0 Car(s)
Elementary District
Burlingame Elementary
High School District
San Mateo Union High
Sewer
Other
Water
Other
Zoning
R3
Contact Information
Listing Agent
Sam Runco
Marcus & Millichap
License #: 01977683
Phone: (650) 759-3414
Co-Listing Agent
Philip Batlin
License #: 01873218
Phone: (415) 625-2189
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 40 | 40 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 1/0 | – | – | 12 |
| 2 | – | 1 | 1/0 | – | – | 24 |
| 3 | – | 2 | 1/0 | – | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1775 Marco Polo Way is a Residential Income in Burlingame, CA 94010. This 23,075 square foot property sits on a 0.893 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $19,500,000 and was built in 1957. This address can also be written as 1775 Marco Polo Way, Burlingame, CA 94010.
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This listing information is up-to-date as of May 08, 2025. For the most current information, please contact Sam Runco, (650) 759-3414
