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    Floribunda Ave Burlingame, CA 94010

    For Sale
    $6,500,000

    11-unit apartment building in downtown Burlingame, near Burlingame Avenue.

    Lot size:
    0.28 Acres

    Property Features for Floribunda Ave

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1961

    Source: Compass Agent Ken Constantino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Burlingame Apartment Building For Sale

    Located on Floribunda Avenue in downtown Burlingame, this 11-unit residential apartment building was originally built in 1961. The property features a mix of apartment layouts, including six 1-bedroom, 1-bathroom units and five 2-bedroom, 1-bathroom units. The building has been under the same ownership for over 50 years, with upgrades and improvements made over the past 25 years. Situated just three blocks north of the commercial district of Burlingame Avenue, the property is within walking distance of the Caltrain Station, parks, schools, and shopping. The location is suitable for residents working in San Francisco, Silicon Valley, or the Peninsula. The property is fully occupied and offers immediate cash flow with a 100% occupancy rate.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Burlingame
    County
    San Mateo
    State
    California
    Longitude
    -122.3561555
    Latitude
    37.5765982

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    FAQs

    What type of property is this?
    Apartment building - 11-unit apartment building in downtown Burlingame, near Burlingame Avenue.
    Where is this apartment building located?
    The property is located at Floribunda Ave Burlingame, CA.
    What is the asking price?
    The asking price for this property is $6,500,000.
    What are key features of this property?
    This property features: - Prime Downtown Burlingame location, just 3 blocks from Burlingame Avenue, Caltrain, parks, schools, and shopping.; - Fully occupied 11-unit apartment building providing immediate, stable cash flow with 100% occupancy.; - Attractive mix of (6) 1-bedroom and (5) 2-bedroom apartments.
    (650) 814-0277
    Request Owner's contact information
    Floribunda Ave Burlingame, CA 94010
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    Burlingame, CA 94010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Floribunda Ave Burlingame, CA 94010
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