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12 Lorton Ave, Burlingame, CA, 94010
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12 Lorton Ave Burlingame, CA, 94010

$5,295,000 Commercial for sale Other

Completely renovated 8-unit apartment complex in downtown Burlingame! The property is fully renovated to an exceptional level and very well located 2-blocks from Burlingame Avenue, a bustling downtown that serves as the heartbeat of the community with boutique shops, restaurants, cafes and more. Marketing Package and photos for every unit available upon request.
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Property details

5,652 sqft interior area
Land area
5,920 sqft (0.14 acres)
Days on Verhouse
84
Address
12 Lorton Ave, Burlingame, CA, 94010
City of California
Burlingame
County
San Mateo
Year Built
1909
District
Listing

Nearby major retailers

Costco
Verizon Wireless
Petco
Zumiez
Trader Joe's
GNC
GameStop
See's Candies
Apple Store
7-Eleven
Dollar Tree
AT&T
T-Mobile
Supercuts
Walgreens
The Home Depot
Marshalls
NAPA Auto Parts
Macy's
Nordstrom
Safeway
Pet Food Express
Jiffy Lube
Whole Foods Market
Ross
Ace Hardware
TJ Maxx
Wholesale: 1
Mobile phone: 7
Pet: 2
Clothes: 1
Supermarket: 7
Nutrition supplements: 2
Video games: 1
Confectionery: 1
Electronics: 2
Convenience: 4
Variety store: 1
Hairdresser: 1
Chemist: 1
Do it yourself: 2
Department store: 5
Car repair: 2
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Interior Features

Roof
Shingle
Garage & Parking
Attached, Assigned

Listed by

Mitchell Zurich, Marcus & Millichap
Name
Mitchell Zurich
License number
01870648
Brokerage company
Marcus & Millichap
MLS #
ML81953555

Payment calculator

Calculate your monthly payments
Mortgage
$16,257
Taxes
$0
HOA dues
$0
$16,257 per month
Mortgage
$1,059,000 / 20%
2.28%
30 years
Your amount $16,257 / month

Lot details

TMK #029241210
Parcel nr.
029241210

94010 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 94010

47%
Families with children
National average: 39%
34%
Non family households
206,926
Population
$174,534
Average Income

Age & gender

Median age 39 years
More info

Commute types

76% commute by car
More info

Education level

32% have bachelor education
More info

Number of employees

4% work in management
More info

Vehicles available

37% have 2 vehicle
More info

Vehicles by gender

37% have 2 vehicle
More info

Housing market insights for

$2.24m
Neighborhood average
sales price*
$1.68m
Neighborhood median
sales price*
294
Number
of sales*

Housing type

53% are single detacheds
More info

Rooms

30% of the houses have 4 or 5 rooms
More info

Bedrooms

50% have 2 or 3 bedrooms
More info

Owners vs Renters

57% are owners
More info
17.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Feb 6, 2024
Date Event Price $/sqft Source
Feb 6, 2024 New Listing $5,295,000 -3.73% 0 MLS #ML81953555
Dec 28, 2023 Withdrawn $5,500,000 0 MLS #ML81940162
Aug 29, 2023 New Listing $5,500,000 +36.65% 0 MLS #ML81940162
Oct 22, 2018 Sold $4,025,000 0 Public Record
Oct 22, 2018 Price Increase $4,025,000 +0.75% 0 MLS #ML81714978
Aug 6, 2018 Under contract $3,995,000 0 MLS #ML81714978
Jul 17, 2018 New Listing $3,995,000 0 MLS #ML81714978

Taxes of 12 Lorton Ave, Burlingame, CA, 94010

RM00 zoning / MLS #ML81953555
Zoning
RM00

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Frequently Asked Questions about 12 Lorton Ave

What is 12 Lorton Ave?

12 Lorton Ave is a Commercial/Industrial propertywith 5,652 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

12 Lorton Ave, Burlingame, CA, 94010.

What comparable properties are nearby?

Comparable nearby commercial properties include 33 Highland Ave, 1405 Bellevue, 1022 E 4th Ave, 1 Hayward Ave, 140 El Camino Real, 3223 Glendora Dr.

Based on information from the bridgeMLS as of 04-30-2024. 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.

Listing last updated on: Feb 07, 2024
Verhouse Last checked 5 minutes ago


The closest grocery stores are Safeway, 0.35 miles away and Mollie Stone, 0.47 miles away.
The 94010 zip area has a population of 206,926, and 47% of the families have children. The median age is 39.96 years and 76% commute by car. The most popular housing type is "single detached" and 57% is owner.
Commercial For sale $5.3m 12 Lorton Ave, Burlingame, CA, 94010 Save House Remove from Saved