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1500 Newlands Avenue Burlingame Burlingame, CA 94010

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For Sale
$11,750,000

20-unit apartment building with renovation upside, near Burlingame Avenue.

Type:Multifamily
Property size:
25 SF
Added:
Sep 10, 2025
Days on Market:
217
Last Refresh:
Apr 5 at 8:32 pm

Property Features for 1500 Newlands Avenue Burlingame

General Information

Standard status
Active
Size
25 SF
Property subtype
Multifamily

Building Details

Year Built
1967

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Listing Contact
Steven Caravelli

Listing agent Steven Caravelli License #00879834

Listing office

Listing date Sep 10, 2025

Source Cbcworldwide

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

All listing content including descriptions, pricing, images are the copyrighted material of Steven Caravelli


Overview

Elevatored Apartment Building Near Burlingame Avenue

The property at 1500 Newlands Avenue is a 20-unit apartment building with elevator access. It includes secured parking for 24 cars and 21 storage lockers. The unit mix consists of six two-bedroom, one-bathroom units and fourteen one-bedroom, one-bathroom units, each featuring a private patio or balcony. The current owner has renovated 17 of the 20 units, demonstrating a clear plan for rental upside upon turnover. Renovated units include an in-unit washer/dryer, hardwood flooring, and recessed lighting. The kitchens in these units feature modern stainless steel appliances, granite countertops, tile backsplash, and shaker cabinetry. The bathrooms have sleek tiling with high-end shower heads and faucets. Recent building improvements include new exterior and interior painting, new water-efficient landscaping, a new sewer main, and a security camera system. This property is located in a low-density area, on a prominent corner, three blocks from Burlingame Avenue.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Burlingame
County
San Mateo
State
California
Longitude
-122.347
Latitude
37.5753

FAQs

What type of property is this?
Apartment building - 20-unit apartment building with renovation upside, near Burlingame Avenue.
Where is this apartment building located?
The property is located at 1500 Newlands Avenue Burlingame Burlingame, CA.
What is the asking price?
The asking price for this property is $11,750,000.
What are key features of this property?
This property features: Elevatored 20‑unit apartment building in an A+ location, just 3 blocks from Burlingame Avenue.; Value‑add opportunity with 17 of 20 units already renovated, demonstrating a clear plan for rental upside.; Renovated units feature in‑unit washer/dryers, hardwood flooring, stainless steel appliances, granite countertops, and updated bathrooms.
More about this property
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