1437 Floribunda Ave

$6,500,000
Price
Beds
Baths
10,712 Sq. Ft.
$607 / Sq. Ft.
10,712
Sq. Ft.
$607
per Sq. Ft.

Description

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...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.

Listing Agent

  1. Ken Constantino

    Ken Constantino

    Listing Agent

    Compass

    DRE #00992653

Property Details for 1437 Floribunda Avenue

MLS City Name
BURLINGAME
Building Type
Other
Style
Contemporary
Garage Spaces
0
Parking Spaces
11
View
Other
Cross Street
Ansel Road
LISTING UPDATED: 12/09/2025 10:14 PM

Property Details for 1437 Floribunda Avenue

StatusPending ( Do Not Show )
MLS #ML82020231
Days on Compass82
Taxes$12,470 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1961
Lot Size0.28 AC / 12,201 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Ken Constantino, DRE #00992653
Add your commute

Building Information for 1437 Floribunda Avenue

Stories-Residences-Year Built1961Building Size-Lot Size0.28 AC / 12,201 SF

Payment Calculator

$33,158 per month

30 year fixed, 6.28% Interest

Principal and Interest

$32,119

Property Taxes

$1,039

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1437 Floribunda Avenue

Features
External Links
Room Information
  • Kitchen: Appliances - Vary by Unit, Countertop - Formica, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven - Electric, Pantry Cabinet, Refrigerator
Features
  • Amenities: Other
  • Communications: Cable TV, Satellite Dish
  • Energy Features: Double Pane Windows, Energy Star Appliances
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Laundry: Coin Operated
  • Living SqFt: 10712
  • Pool: No
  • Security Features: None
  • Special Features: Bathroom Features, Kitchen Features, Parking, Other
Utilities
  • Cooling: Central AC, Central Forced Air - Gas, Window / Wall Unit, Other
  • Heating: Central Forced Air - Gas, Forced Air, Wall Furnace
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 11
Garage
  • Garage and Parking: Carport, Lighted Parking Area, No Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Double Pane Windows
  • Min Num Of Units in Complex: 11
  • Area Text: Burlingame Downtown Area
  • Restrictions: Other
  • Roof: Rolled Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1437
  • Street Name: Floribunda
  • Street Suffix: Avenue
  • Area ID: 461
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 10712
  • Structure SqFt Source: Assessor
  • Age: 64
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Limited Partnership
  • Zoning Detail: R30000
Location Information
  • City Limits: Yes
  • Directions: 3 Blocks North of Burlingame Avenue and 2 blocks East of El Camino Real.
  • Incorporated: Yes
  • Parcel Number: 029-112-040
  • County Name: San Mateo
  • City Name: BURLINGAME
  • City Postal ID: 6
  • Postal Code: 94010
  • Elementary School: 655
  • Elementary School District: 923
  • Middle School Text: Burlingame Intermediate
  • High School District Text: San Mateo Union High
  • High School Text: Burlingame High
Lot Information
  • Foundation: Concrete Slab, Post and Beam, Quake Bracing, Wood Frame
  • Lot Acres: .28
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Balcony / Patio, Low Maintenance, Sprinklers - Auto, Other
Multi Family Information
Building Information
  • No Of Leased: 11
General Information
  • Annual Tax Amount: $12,470
  • Capitalization Rate: 4.44
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Other
  • Income Includes: Laundry
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $16,885
  • Expense Landscape: $3,900
  • Expense Maintenance: $24,000
  • Expense Management: $0
  • Expense Trash: $3,620
  • Expenses Other: $20,000
  • Expenses Utility: $6,225
  • Expenses Total: $87,100
  • Operating Expenses Include: Insurance, Maintenance, Maintenance - Capital Improvements, Utilities, Vacancy Factor
  • Gross Rent Multiplier: 17.29
  • Income Annual Gross: $375,840
  • Income Annual Rental: $375,840
  • Income Gross Scheduled: $375,840
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $2,260
Unit 2 Information
  • Unit 2 Approx Square Footage: 775
  • Unit 2 Full Bathrooms: 11
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,250
Unit Type 1
  • Unit Type1 Approx SqFt: 600

Property History for 1437 Floribunda Avenue

DateEvent & SourcePriceAppreciation
Nov 25, 2025

Pending

MLSListings #ML82020231

Nov 25, 2025

Pending

EBRD #ML82020231

Sep 4, 2025

Listed (Active)

MLSListings #ML82020231

$6,500,000
Sep 4, 2025

Listed (Active)

EBRD #ML82020231

$6,500,000
DateEvent & SourcePrice
11/25/2025

Pending

MLSListings #ML82020231

11/25/2025

Pending

EBRD #ML82020231

09/04/2025

Listed (Active)

MLSListings #ML82020231

$6,500,000
09/04/2025

Listed (Active)

EBRD #ML82020231

$6,500,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1437 Floribunda Avenue

Taxable ValueLand$361,754Additions$697,380Total$1,059,134
Tax Record2024$12,472 ($1,039 / month)
Home Facts
Baths1Total Finished SqFt10,712 SqFtAbove Grade Finished SqFt10,712 SqFtStories2Lot Size12,201 SqFtStyleMulti-Family Res (5+ Units)Year Built1961CountySAN MATEOAPN029-112-040

Schools near 1437 Floribunda Avenue

This home is within San Mateo Union High School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
McKinley Elementary School
PublicK to 5

Burlingame Intermediate School
Public6 to 8

Burlingame High School
Public9 to 12

Design Tech High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Compass, Ken Constantino, DRE #00992653

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.