Prime Trophy Opportunity! City Approved 120 Unit Residential Condominium Entitlement. The City of Burlingame has approved an application for construction of a new six-story condominium. The final approval of this project was at the March 15, 2021, City Council meeting. Located in the prestigious Mills Estates neighborhood of Burlingame and within walking distance of many shops, the Mills-Peninsula Hospital and, the Millbrae BART & CalTrain stations. With 120 units and 150 parking spaces, this building offers six stories of studios, one, and two-bedroom residences of unparalleled sophistication. Also, there will be 6 affordable to low-income households. The project proposes to provide 150 spaces (31 more than required), including 28 tandem spaces for 56 vehicles. The 169,232 square feet building will have a net rentable square feet of 88,583 and 12,135 square feet of common open space. LAND & ENTITLEMENT ONLY. Construction Drawings and Permits NOT INCLUDED.
- Price:
- $29,980,000
- Square Footage:
- 169,232
- Acreage:
- 0.90
- Year Built:
- 2021
- Listing ID #:
- ML81910213
- Street Address:
- 1868 Ogden Dr
- City:
- Burlingame
- State:
- California
- Postal Code:
- 94010
- County:
- San Mateo
- Community:
- Not Defined
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Total # Of Buildings:
- 1
- Total Building Square Footage:
- 169232
- Year Built:
- 2021
- Conforms To Zoning:
- Ea00c3
- Lot Size:
- 39138
- Lot Square Footage:
- 39138
- Days On Market:
- 239
- On Market Date:
- 2022-10-12
- Originating Mls:
- Crmls
- Previous Listing Price:
- 31000000
- Cooling System:
- Central Air
- Existing Water:
- Public
- Has Central Air Conditioning:
- Yes
- Heating:
- Central
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Agent Stanley Lo with Green Banker Realty
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