40 Multi-Family Units in Premier Location
Multifamily | 40 Units | Extensive Capital Improvements
Marketing description
The Batlin Group is pleased to present 1775 Marco Polo Way, a well-maintained and recently upgraded 40-unit multifamily property situated on a sprawling 0.9-acre lot in the highly desirable city of Burlingame, California.
The property features a diverse unit mix that caters to a wide range of tenants:
12 Studios
24 One-Bedroom/One-Bathroom Units
4 Two-Bedroom/Two-Bathroom Units
VALUE-ADD OPPORTUNITY
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.
CURRENT OCCUPANCY WITH IMMEDIATE UPSIDE
Currently 30 of 40 units are occupied, leaving 14 vacant units primed for renovation and re-leasing at premium rates. This built-in vacancy provides the new owner immediate value-add execution, enabling quick rent growth and accelerated stabilization in Burlingame’s high-demand rental market.
EXTENSIVE CAPITAL IMPROVEMENTS
The current owner has invested heavily in significant upgrades, enhancing the property’s overall condition and reducing deferred maintenance.
Additional Amenities:
Each unit comes with one covered carport space and an individual storage locker, providing residents with convenience and security.
The property also boasts a swimming pool, offering tenants a desirable amenity for relaxation and recreation.
Strategically located in a thriving rental market, 1775 Marco Polo Way offers an exceptional opportunity for investors to acquire a value-add asset with a blend of immediate cash flow potential and long-term growth.
Don’t miss this rare chance to own a high-performing multifamily property in one of the Peninsula's most sought-after locations.
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