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1868 Ogden Drive
Burlingame, California CA94010

Property Description

Property TypeCommercial Sale
SqFt 169,232
Year Built2021
CountySan Mateo
Price/SqFt$212.73
StatusActive
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.
Listing IDML81910213
Price$36,000,000

Primary Features

County San Mateo
Price/SqFt 212.73
Property Type Commercial Sale
Year Built 2021
Zoning EA00C3

Interior

Cooling Type Central Air
Cooling yes
Heating yes
Heating Type Central

External

Lot Size Source Other
Number Of Buildings 1
Roof Other
Water Source Public

Location

MLS Area Major 699 - Not Defined

Additional

Days On Market 1
List Agent State License 00874415
List Office State License 00874415
Parcel Number 025121190
Year Built Source Other

Financial

Special Listing Conditions Standard

Zoning Info

Home Valuation

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Listed by: Stanley Lo, DRE #00874415 from Green Banker Realty 650-373-0007
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