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,… Read More 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. Read Less
Property listed by Compass, Ken Constantino 310-259-7556
Listing Snapshot
Days Online
82
Last Updated
Square Ft.
10,712
Lot Size
0.28 Acres
Year Built
1961
MLS Number
ML82020231
Additional Details
Building
Built in 1961, 1 building
Cooling
CentralAir, Gas, WallWindowUnits
Expenses
Insurance: $16,885, Maintenance: $24,000, Trash: $3,620, Other Expense: $20,000
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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