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Key Details
Sold Price $26,334,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81923599
Sold Date 09/19/24
HOA Y/N No
Year Built 1958
Annual Tax Amount $342,971
Lot Size 0.969 Acres
Property Description
1239 Oak Grove Ave & 1404 Floribunda Ave are comprised of 76-units located on adjacent lots situated two blocks from Downtown Burlingame, CA. Situated on two parcels of land totaling nearly 1 acre, the subject properties were originally constructed in 1958 and have a combined gross building area of approximately 55,082 square feet, offering tenants beautifully designed one-bedroom and studio floor plans. Tenants and residents also enjoy access to attractive community amenities including laundry facilities, picnic area and private parking. 1239 Oak Grove Ave & 1404 Floribunda Ave offer tenants and residents close proximity to both Downtown Burlingame (2 blocks) and the Broadway Business District (1.2 miles). Both districts feature a growing variety of locally owned businesses, shops, and boutiques, along with many restaurants and cafes.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning X
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Tax ID 029131280
Financing Cash
Special Listing Condition Standard
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Bought with Cole Simpson • Marcus & Millichap
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Terrance Scotton, Broker Associate
Broker Associate | License ID: 01707848 NMLS: 908256
Broker Associate License ID: 01707848 NMLS: 908256