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, 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.
Sold for $5,900,000
$5,900,000
Floribunda Ave, Burlingame, CA 94010
3beds
12baths
10,712sqft
Five Or More Units, Residential Income
Built in 1961
-- sqft lot
$5,939,800 Zestimate®
$551/sqft
$3,962 Estimated rent
Home value
$5,939,800
$5.41M - $6.53M
$3,962/mo
Zestimate® history
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$3,962/mo
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$37,105/mo
Est. payment
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$37,105/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Ken Constantino 00992653 650-814-0277,
Compass 650-375-1111
Bought with:
Ken Constantino, 00992653
Compass
Source: MLSListings Inc,MLS#: ML82020231
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 12
Kitchen
- Features: Countertop_Formica, Countertop_Granite, PantryCabinet
Heating
- Central Forced Air Gas, Forced Air, Wall Furnace
Cooling
- Central Air, Gas, Other, Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Range Hood, Electric Oven, Varies By Unit
- Laundry: Coin Operated
Features
- Flooring: Carpet, Hardwood, Laminate, Tile
- Doors: Other
- Windows: Other
Interior area
- Total structure area: 10,712
- Total interior livable area: 10,712 sqft
Property
Parking
- Total spaces: 11
- Parking features: Carport, Lighted, No Garage
- Has carport: Yes
Accessibility
- Accessibility features: Bathroom Features, Accessible Kitchen, Other, Parking
Lot
- Size: 0.28 Acres
- Features: Level
Details
- Parcel number: 029112040
- Zoning: R30000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Slab, Other, Quake Bracing, Wood Frame
- Roof: RolledHotMop
Condition
- Year built: 1961
Utilities & green energy
- Gas: PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Public Utilities, Water Public
Community & HOA
Location
- Region: Burlingame
Financial & listing details
- Price per square foot: $551/sqft
- Date on market: 9/4/2025
- Listing agreement: ExclusiveRightToSell
- Listing terms: CashorConventionalLoan
- Inclusions: Other, OvenRangeAllUnits
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2026 | Sold | $5,900,000-9.2%$551/sqft |
Source:  MLSListings Inc #ML82020231 Report a problem | ||
| 11/26/2025 | Pending sale | $6,500,000$607/sqft |
Source: MLSListings Inc #ML82020231 Report a problem | ||
| 9/4/2025 | Listed for sale | $6,500,000$607/sqft |
Source: MLSListings Inc #ML82020231 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 94010
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Nearby schools
GreatSchools rating
- 9/10North Hillsborough SchoolGrades: K-5Distance: 0.3 mi
- 8/10Crocker Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Burlingame High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: McKinleyElementary_2
- Middle: BurlingameIntermediate
- High: BurlingameHigh
- District: BurlingameElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$5,939,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,939,800
- California
- San Mateo County
- Hillsborough
- 94010
- Floribunda Ave
Nearby cities
Nearby zip codes
Other Hillsborough Topics
