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$6,280,000
ML82020759 MLS
Magnify is pleased to present 1249-1265 Oak Grove Avenue in Burlingame, a rare value-add opportunity to acquire a 17-unit multifamily asset in one of the most desirable neighborhoods on the San Francisco Peninsula. Built in 1954, the property features two separate buildings totaling 17,576 square feet, situated on a large 19,007 square foot lot within the Downtown Specific Plan zone. The unit mix includes (15) 1BD/1BA, (1) 2BD/1BA, and (1) 2BD/1.5BA with nearly 40% upside in rents. Recent capital improvements include dual pane windows throughout, fresh exterior paint, and upgraded flooring in 11 units with hardwood or luxury vinyl plank. The property is located just a 1/2 mile walk from Downtown Burlingame, and adjacent to Hillsborough, Californias second most affluent city. It is near major employers such as Mills-Peninsula Medical Center, leading biotech firms, and San Francisco International Airport. The area offers a vibrant lifestyle with boutique shopping, dining, parks, and cultural attractions including Bayfront Park and the Burlingame Museum of Pez Memorabilia. With strong demographics, low vacancy rates, and excellent connectivity to both San Francisco and Silicon Valley, this asset is well-positioned for long-term income growth and future redevelopment potential.

1249 Oak Grove AVE, Burlingame

Listed by David Katz, 408-758-0718 from Magnify Real Estate
(If provided) CoList: Kyle De Mattei from Magnify Real Estate

Sold listing courtesy of David Katz from DYNA8

$8,550,000
4 Beds 4 Baths ML81953769 MLS
Sitting on a rare 32,445 square-foot lot on one of the most coveted streets in Burlingame, this elegant home offers 4 bedrooms, 4 bathrooms, and extends over an impressive 5,000 square feet of living space. The grand entrance opens to a welcoming foyer that unfolds into a formal living room and dining room. The gourmet chefs kitchen is a culinary haven equipped with top-of-the-line appliances, multiple islands, and a walk-in pantry. A spacious dining area and family room seamlessly transition from the open kitchen. Rounding out this level is a private ground floor bedroom and full bathroom. Retreat upstairs in the expansive primary suite featuring his and her luxurious bathrooms each with a walk-in closet and dressing/vanity spaces. Just down the hall, two additional bedrooms share a full hall bathroom. The finished basement boasts a laundry area and an abundance of storage space. Outside, enjoy a private, resort-like oasis with an inviting patio with fireplace, a sprawling lawn area and large pool! Refined, 885 square foot guest house featuring 1 bedroom and 1 bathroom is perfectly placed behind the versatile detached 2-car garage with its own kitchenette and full bathroom. Prime location, walking distance to downtown Burlingame! Excellent Burlingame schools!

121 Pepper AVE, Burlingame

Listed by John Shroyer, 650-787-2121 from Golden Gate Sotheby's International Realty
(If provided) CoList: from

Sold listing courtesy of Mike Bohnert from CBR

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board logoThe data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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