Property Details
About this Property
Magnify is pleased to present 1249-1265 Oak Grove Avenue in Burlingame, a rare value-add opportunity to acquire a 17-unit multifamily asset in one of the most desirable neighborhoods on the San Francisco Peninsula. Built in 1954, the property features two separate buildings totaling 17,576 square feet, situated on a large 19,007 square foot lot within the Downtown Specific Plan zone. The unit mix includes (15) 1BD/1BA, (1) 2BD/1BA, and (1) 2BD/1.5BA with nearly 40% upside in rents. Recent capital improvements include dual pane windows throughout, fresh exterior paint, and upgraded flooring in 11 units with hardwood or luxury vinyl plank. The property is located just a 1/2 mile walk from Downtown Burlingame, and adjacent to Hillsborough, Californias second most affluent city. It is near major employers such as Mills-Peninsula Medical Center, leading biotech firms, and San Francisco International Airport. The area offers a vibrant lifestyle with boutique shopping, dining, parks, and cultural attractions including Bayfront Park and the Burlingame Museum of Pez Memorabilia. With strong demographics, low vacancy rates, and excellent connectivity to both San Francisco and Silicon Valley, this asset is well-positioned for long-term income growth and future redevelopment potential.
MLS Listing Information
MLS #
ML82020759
MLS Source
MLSListings, Inc.
Days on Site
10
Interior Features
Appliances
Washer/Dryer
Laundry
Coin Operated
Cooling
None
Heating
Gas, Wall Furnace
Exterior Features
Roof
Polyurethane
Foundation
Pillar/Post/Pier, Slab
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 4 Car(s)
Elementary District
Burlingame Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Zoning
R30000
Contact Information
Listing Agent
David Katz
Magnify Real Estate
License #: 01971921
Phone: (408) 758-0718
Co-Listing Agent
Kyle De Mattei
License #: 02146792
Phone: (408) 334-3226
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 16 | 17 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | 1 | 1/0 | – | – | 15 |
| 2 | 908 | 2 | 1/0 | – | – | 1 |
| 3 | 1,300 | 2 | 1/1 | – | – | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1249 Oak Grove Ave is a Residential Income in Burlingame, CA 94010. This 17,576 square foot property sits on a 0.436 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,280,000 and was built in 1954. This address can also be written as 1249 Oak Grove Ave, Burlingame, CA 94010.
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This listing information is up-to-date as of September 09, 2025. For the most current information, please contact David Katz, (408) 758-0718
