37 Lorton Avenue, Burlingame, CA 94010

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$4,300,000

bedrooms

bathrooms

square feet

6,340

Acreage

0.1722

Open Houses

year built

1950

Full Baths

Half Baths

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Situated on a flat, attractively low maintenance 0.17 acre parcel just steps from the heart of downtown Burlingame, 37 Lorton Avenue offers investors a rare opportunity to acquire a charming boutique apartment building in one of the most prestigious and supply-constrained rental markets on the San Francisco Peninsula. This well-maintained 9-unit property features eight one-bedroom units and one studio with assigned covered parking, on-site laundry, and an unbeatable location near shopping, restaurants, transit, SFO, and major employers. Priced below recent comps at $4,300,000, or $477,778 per unit, the starting cash flow of 3.13% grows to 4.68% at what are believed to be market rents, creating a clear path to strong financial performance for the foreseeable future.

Location
Subdivision	-
County	San Mateo
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 425043145

Listing agent: Scott Gerber #01138762

Listing broker: NORCAL COMMERCIAL

All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Last update: Thursday, June 12 2025 at 4:20 a.m. EDT

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