Multifamily

Burlingame, CA Multifamily Properties for Sale

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Downtown Apartment Building Opportunity
Updated: Mar 1
Downtown Apartment Building Opportunity

121 Lorton Avenue, Burlingame, CA 94010

$4,750,000
7,296 sqft
Downtown Burlingame multifamily building built in 1962 with 9 units and an excellent mix of six 2BR/2BA units plus three 1BR/1BA units
Unit sizes range from about 911–945 SF (2BR/2BA) and 540–600 SF (1BR/1BA); total rentable interior area is 7,296 SF (in‑unit measurement basis)
In‑place elevator access, described as top‑to‑bottom; currently out of order but noted as restorable
R‑4‑I zoning with incentive overlay (max density 80 units/acre) and Tier 1 height limit up to 46 ft (up to 5 stories)
Carport‑to‑ADU potential: 9 carports convertible to 3 ADUs (1BR or 2BR) around 648 SF each, plus mention of 3 additional ADUs equating to $118,000 ($9,900/month)
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Burlingame Multifamily Investment Opportunity
Updated: Jul 14, 2025
Burlingame Multifamily Investment Opportunity

2 Arundel Road, Burlingame, CA 94010

$3,695,000
7,182 sqft
Prime location in Burlingame, a highly desirable Bay Area rental market.
Strong current income with significant pro‑forma rent upside potential.
Desirable unit mix of (4) 1‑bed/1‑bath and (2) 2‑bed/1‑bath units.
Six dedicated garage spaces for tenants.
Low‑maintenance landscaping and on‑site laundry.
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Burlingame Triplex Investment Opportunity
Burlingame Triplex Investment Opportunity

824 El Camino Real, Burlingame, CA 94010

$1,899,999
0.13 AC lot

Fully leased triplex in prime Burlingame location.

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Commercial
Commercial

1775 Marco Polo Way, Burlingame, CA 94010

$16,498,000
23,075 sqft 0.90 AC lot

Apartment buildings · 23,075 SF

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Burlingame, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fourplex with Private Outdoor Space
Fourplex with Private Outdoor Space

444 Villa TER, San Mateo, CA 94401

$2,495,000
3,607 sqft 0.17 AC lot

Four well-kept units with decks and yards, plus recent exterior and roof upgrades for steady residential rental use.

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Millbrae Value-Add Development Opportunity
Millbrae Value-Add Development Opportunity

105 Chadbourne Avenue, Millbrae, CA 94030

$6,500,000
7,932 sqft 0.28 AC lot

Two contiguous parcels totaling ±12,000 SF in Millbrae, California.

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Duplex with Two Identical Units
Duplex with Two Identical Units

440 Millbrae Avenue, Millbrae, CA 94030

$2,600,000
3,719 sqft

Two side-by-side homes offer flexible rental income with month-to-month tenants and room to live in one unit.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

444 Villa Terrace, San Mateo, CA 94401

$2,495,000
2.50 AC lot

Well-maintained four-unit property with 2BR/1BA layouts and private outdoor space for each unit.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Clearlake Land/Lot Opportunity
Clearlake Land/Lot Opportunity

3519 Covelo Street, Clearlake, CA 95422

Contact for pricing
0.13 AC lot

Three adjoining lots near Pomo school, ideal for manufactured home.

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Mountain View Acreage in Berry Creek
Mountain View Acreage in Berry Creek

374 Jatko, Berry Creek, CA 95916

$125,000
6.79 AC lot

6.79 acres of terraced land with mountain views.

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Land with Private Well
Land with Private Well

7114 Horseshoe, Corning, CA 96021

$34,900
1.28 AC lot

Over an acre of land with a private well.

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Rancho Tehama Homesite Opportunity
Rancho Tehama Homesite Opportunity

16305 Hillcrest Drive, Corning, CA 96021

Contact for pricing
1.86 AC lot

1.86-acre homesite in Rancho Tehama community.

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Off-Market Properties in Burlingame, CA

Consider similar Off-Market properties in Burlingame, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

137 Lorton Ave
APARTMENT HOUSE (5+ UNITS)

137 Lorton Ave, Burlingame, CA 94010-4361

$2,155,000
Estimated value
7,622 sqft 0.19 AC lot
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508 El Camino Real
APARTMENT HOUSE (5+ UNITS)

508 El Camino Real, Burlingame, CA 94010-5160

Value Estimation by Request
8,607 sqft 0.19 AC lot
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1751 Marco Polo Way
APARTMENT HOUSE (5+ UNITS)

1751 Marco Polo Way, Burlingame, CA 94010-5442

$2,785,000
Estimated value
11,159 sqft 0.36 AC lot
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1249 Oak Grv Ave
APARTMENT HOUSE (5+ UNITS)

1249 Oak Grv Ave, Burlingame, CA 94010-7801

Value Estimation by Request
17,576 sqft 0.44 AC lot
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1217 Paloma Ave, Unit 3
APARTMENT HOUSE (5+ UNITS)

1217 Paloma Ave, Burlingame, CA 94010-3456

Unit 3
$760,000
Estimated value
787 sqft 0.02 AC lot
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123 Anita Rd
APARTMENT HOUSE (5+ UNITS)

123 Anita Rd, Burlingame, CA 94010-3089

$2,105,000
Estimated value
10,123 sqft 0.34 AC lot
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731 Rollins Rd
APARTMENT HOUSE (5+ UNITS)

731 Rollins Rd, Burlingame, CA 94010-2793

$1,420,000
Estimated value
3,059 sqft 0.12 AC lot
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55 El Camino Real
APARTMENT HOUSE (5+ UNITS)

55 El Camino Real, Burlingame, CA 94010-5267

Value Estimation by Request
20,888 sqft 0.27 AC lot
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741 Rollins Rd
APARTMENT HOUSE (5+ UNITS)

741 Rollins Rd, Burlingame, CA 94010-2792

$790,000
Estimated value
4,374 sqft 0.19 AC lot
View details
901 Burlingame Ave
APARTMENT HOUSE (5+ UNITS)

901 Burlingame Ave, Burlingame, CA 94010-2811

$1,960,000
Estimated value
8,379 sqft 0.17 AC lot
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115 Anita Rd
APARTMENT HOUSE (5+ UNITS)

115 Anita Rd, Burlingame, CA 94010-3087

$950,000
Estimated value
8,083 sqft 0.18 AC lot
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1415 Floribunda Ave
APARTMENT HOUSE (5+ UNITS)

1415 Floribunda Ave, Burlingame, CA 94010-7510

$6,210,000
Estimated value
40,528 sqft 0.44 AC lot
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1113 Chula Vis Ave
APARTMENT HOUSE (5+ UNITS)

1113 Chula Vis Ave, Burlingame, CA 94010-3567

$3,085,000
Estimated value
10,450 sqft 0.13 AC lot
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1422 Floribunda Ave
APARTMENT HOUSE (5+ UNITS)

1422 Floribunda Ave, Burlingame, CA 94010-4073

Value Estimation by Request
6,373 sqft 0.18 AC lot
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1416 Floribunda Ave
APARTMENT HOUSE (5+ UNITS)

1416 Floribunda Ave, Burlingame, CA 94010-8106

$4,405,000
Estimated value
8,344 sqft 0.24 AC lot
View details
600 Peninsula Ave
APARTMENT HOUSE (5+ UNITS)

600 Peninsula Ave, Burlingame, CA 94010

$2,730,000
Estimated value
5,957 sqft 0.13 AC lot
View details
1239 Oak Grv Ave
APARTMENT HOUSE (5+ UNITS)

1239 Oak Grv Ave, Burlingame, CA 94010-3770

$2,125,000
Estimated value
27,188 sqft 0.47 AC lot
View details
1404 Floribunda Ave
APARTMENT HOUSE (5+ UNITS)

1404 Floribunda Ave, Burlingame, CA 94010-7508

$2,155,000
Estimated value
27,894 sqft 0.50 AC lot
View details
236 Anita Rd
APARTMENT HOUSE (5+ UNITS)

236 Anita Rd, Burlingame, CA 94010-3096

$2,090,000
Estimated value
3,052 sqft 0.11 AC lot
View details
1469 El Camino Real, Unit 2
APARTMENT HOUSE (5+ UNITS)

1469 El Camino Real, Burlingame, CA 94010-4750

Unit 2
$790,000
Estimated value
901 sqft 0.24 AC lot
View details

Burlingame, CA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Burlingame, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 37,553 square feet of properties for sale, with an estimated market value of $24,943,000.

Sale prices for multifamily properties in Burlingame, CA start at $3,695,000, averaging $8,314,333, and reaching up to $16,498,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Triplexes 2

Demographics Overview

Population 43K
Population Growth (5Y) +0.2%
Median Household Income $191,758
College Educated 52.3%

High-Yield Neighborhoods for Investment

Identify Burlingame submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
94010 $6.4M

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $5.02 per SF
Tax Rate vs County Average 0.04 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Mateo County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in San Mateo County

Retail

Residential Income

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