Property Details
About this Property
IRREPLACEABLE Downtown Burlingame Location. STEPS TO DOWNTOWN. First Time on Market in 50+ Years. Walk Score: 97. Howard Ave (1 Blk), Burlingame Ave (2 Blks), Caltrain Burlingame (2 Blks). VERY LARGE, SPACIOUS Units: 2 BR/2 BA (911 SF to 945 SF),1 BR/1 BA (540 SF to 600 SF). Generational Purchase Opportunity. Excellent Unit Mix: Six (6) 2 BR/2 BA, Three (3) 1 BR/1 BA Units. Dishwashers in All Units. Potential to Add In-Unit Washer & Dryers. Spacious Balconies (Outdoor Living) and Private Storage Rooms. Achieve Luxury Apartment Home/Condo-Quality Finishes @ $6/SF Rents w/ Renovations and Unit Turns. Top To Bottom Elevator Access (Elevator Can Be Restored). Potential to Convert 9 Tucked-Under Carports to 3 ADU's (1 BR or 2 BR Units @ +/- 648 SF Each). 3 Additional ADU's Equate to $118,000 ($9,900/Month) in Additional Rents. 100-Block of Lorton Ave Offers R-4-I Zoning: High Density Residential w/ Incentive Overlay (Less Than 1/2 Mile From CalTrain). R-4-I Zoning Offers Maximum Density of 80 Units/Acre, Equating to 13 Units. R-4-I Tier 1 Height Limit: Up to 46 Ft. (5 Stories) - No Public Benefits Necessary. Multi-Parcel Assemblage Opportunity for Meaningful, Large-Scale Development. Low Operating Expense Ratio (29%). Ask About Multiple Ways to Increase Cashflow and Higher CAP Rate.
MLS Listing Information
MLS #
ML82025521
MLS Source
MLSListings, Inc.
Days on Site
12
Interior Features
Appliances
Dishwasher, Oven Range - Electric
Flooring
Carpet, Hardwood, Tile
Laundry
Coin Operated
Cooling
Central Forced Air - Gas
Heating
Central Forced Air - Gas
Exterior Features
Roof
Foam
Foundation
Concrete Perimeter and Slab
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Elementary District
Burlingame Elementary
High School District
San Mateo Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Additional Storage, Barbecue Area, Elevator
Zoning
R-4-I
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 9 | 9 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 540 | 1 | 1/0 | $2,200 | $2,200 | 1 |
| 2 | 600 | 1 | 1/0 | $2,200 | $2,350 | 2 |
| 3 | 911 | 2 | 2/0 | $2,400 | $2,700 | 2 |
| 4 | 922 | 2 | 2/0 | $2,350 | $2,400 | 2 |
| 5 | 945 | 2 | 2/0 | $2,625 | $2,750 | 2 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
121 Lorton Ave is a Residential Income in Burlingame, CA 94010. This 7,296 square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,950,000 and was built in 1962. This address can also be written as 121 Lorton Ave, Burlingame, CA 94010.
©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 22, 2025. For the most current information, please contact Don Sung, (650) 380-5188
