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1775 Marco Polo Way Burlingame, CA $ 16,980,000
1775 Marco Polo Way
$ 16,980,000
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1775 Marco Polo Way

Burlingame, CA, 94010
$ 16,980,000
Baths0.0 Sq 23,075

Monthly Estimate*

$ 104,549

Listed by Marcus & Millichap
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Studio

Single Family Home for sale in Burlingame, CA

for $16,980,000. This 23,075 square foot home was built in 1957 on a lot size of 0.8931.

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.

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Single Family Active

Price

$ 16,980,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 201,929

Style

Lot Size

0.8931

Year Built

1957

Town/City

Burlingame

County/Region

San Mateo

MLS | Web ID

ML81995355

Days on Market

343

Features
General
Cooling None
Utilities Other
Roof TarGravel
Zoning R3
HOA Fee 0
Year Built 1957
County San Mateo
Insurance Expense 22629
Property Type CommercialSale
MaintenanceExpense 20000
Special Listing Conditions Standard
Status Active
City Burlingame
High School District Other
MLS Area 699 - Not Defined
Lot Size Units SquareFeet
Lot Size Square Feet 38904
Carport Spaces 40
Carport Y/N true
Tax Annual Amount 201929
Trash Expense 19225
Standard Status Active
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Total Baths 0
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Exterior
Water Source Other
Total Parking 40
Lot Size Area 38904
Number of Buildings 2
Building Area Total 23075
Lot Size Acres 0.8931
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

sam.runco@marcusmillichap.com

Email

Affordability Calculator

$121,376
Per Month
86%
14%
0%
Monthly Principal & Interest
$104,549
Monthly Property Taxes
$16,827
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$16,980,000 Listed Price

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1775 Marco Polo Way, Burlingame, CA, 94010 is a Single Family Home for sale at $16,980,000 with 23,075 sqft and a lot size of 0.8931. 1775 Marco Polo Way is a studio with 0.0 baths and was built in 1957. The property's zip code is 94010 which is in Burlingame, CA