Listed 509 days ago · February 25, 2025 | MLS# ML81995355
$714/sqft -36% vs Burlingame avg
What this means: Priced below the Burlingame per-sqft average. Compare to recent sales below for context.
Est. $103,052/moP&I $85,605 · Tax $17,185 · Insurance $262 · HOA $0Assumes 20% down ($3,299,600) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in Burlingame, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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0 Bed / 0 Bath / 23,075 sqft on 38,904 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $16.5M vs City Average $2.5M
$714/sqft compared to Burlingame avg $1,119/sqft (-36.1%).
Best fit forActive BuyersBurlingame SearchersMove-Up / Move-In
About This Home
1775 Marco Polo Way is a 40-unit multifamily property on a 0.9-acre lot in Burlingame, California. The property features a diverse unit mix: 12 studios, 24 one-bedroom/one-bath units, and 4 two-bedroom/two-bath units. The property has undergone extensive capital improvements, minimizing deferred maintenance and enhancing tenant appeal. 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. Additional amenities include covered parking with individual storage lockers, a swimming pool, and on-site laundry facilities. There is also potential to add additional units to the site by building ADU's where the carports are. Strategically located in a thriving rental market, this investment offers immediate cash flow potential and long-term growth. Don't miss this rare opportunity to acquire this generational multifamily asset in one of the Peninsulas most sought-after locations.
MLS ID #ML81995355, Sam Runco. Listing provided by Marcus & Millichap · MLSListings Inc.
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Property Details
Property Type
FiveOrMoreUnits
Year Built
1957
Bedrooms
0
Bathrooms
0 Full
Living Area
23,075 sqft
Lot Size
38,904 sqft
Garage
N/A
Price/sqft
$714
County
SanMateo
MLS Number
ML81995355
Status
Active
Stories
N/A
HOA
None
Interior Features
Other
Exterior & Lot
TarGravel Roof0.89 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
1775 Marco Polo WAY, Burlingame, CA 94010 · SanMateo County
Market Context
Price Positioning
$Price context: Listed at $714/sqft vs Burlingame avg $1,119/sqft (36.1% below).
$Sale-to-list: Burlingame homes selling at 107.9% of asking.
⏲Velocity: City avg 12 days. This home: 509 days.
🏠Inventory:0 0-bedroom homes currently available in Burlingame.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
This 23,075 square foot home at 1775 Marco Polo WAY in Burlingame features 0 bedrooms and 0 bathrooms. Listed at $16,498,000, this RayPark property reflects the current pricing trends for 0-bedroom homes in the 94010 zip code.
0-Bedroom Homes for Sale in Burlingame 94010
Browse 0-bedroom home listings in the RayPark area of Burlingame. Properties in 94010 are currently averaging $1,119 per square foot with 12 days on market.
What to Expect When Buying in RayPark
The RayPark market in Burlingame features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest highly competitive conditions for buyers in this area.
Listed at $16,498,000 ($714/sqft). Burlingame avg is $1,119/sqft, placing this 36.1% below. Comparable recent sales help frame the value.
Listed 509 days (as of February 25, 2025). Burlingame average is 12 days.
Est. $103,052/mo with 20% down ($3,299,600) at 6.75%. Includes principal & interest ($85,605), property tax ($17,185), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 29 active listings in Burlingame (0 are 0-bedroom). At $16,498,000 this is positioned against the city average of $2,494,172. Similar homes have sold at 107.9% of asking.
0-bedroom homes in Burlingame (94010) are currently averaging $1,119 per square foot. Market activity shows homes spending an average of 12 days on market in this area.
1775 Marco Polo WAY in Burlingame is currently listed at $16,498,000. This 0-bedroom, 0-bathroom home is located in the RayPark area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 19, 2026 3:15 PM PT. 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.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 19, 2026 3:15 PM PT | Source: MLSListings Inc.
All content on this page is the property of Aegis Luxury Real Estate (DRE# 01328224). Automated scraping, downloading, or republication is strictly prohibited.
1775 Marco Polo WAY$16,498,0000 bd · 0 ba · 23,075 sqft
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