$16,498,000
1775 Marco Polo WY
Burlingame, CA, 94010
Property Description
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. The property has undergone extensive capital improvements, minimizing deferred maintenance and enhancing tenant appeal. All 40 units have received minor improvements, leaving ample room to upgrade finishes, fixtures, and layouts to contemporary standards. This repositioning strategy allows a buyer to capture significant rental upside in a supply-constrained Burlingame market, driving stronger cash flow and long-term value. 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 this generational multifamily asset in one of the Peninsulas most sought-after locations.
Property Details
Price:
$16,498,000
MLS #:
ML81995355
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
699notdefined
Listed Date:
Feb 25, 2025
Total Sq Ft:
23,075
Lot Size:
38,904 sqft / 0.89 acres (approx)
Year Built:
1957
Schools
School District:
Other
Interior
Cooling
NO
Exterior
Parking Spots
40
Parking Total
40
Roof
TARGRV
Financial
Maintenance Fee
$20,000
Taxes
$201,929
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1775 Marco Polo WY
Burlingame, CA
























