Properties

Comm Ri Multi-units 5+ For Sale

3.89 Acre - 1868 Ogden Drive, BURLINGAME, California 94010

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Property Description

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.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81839002
Price : $39,800,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 3.89 Acre
Year Built : 2021
Lot Area : 0.90 Sqft
Features
Heating System : Forced Air 1 Zone
Roof : Other
Address Map
Country : US
State : CA
County : San Mateo
City : BURLINGAME
Zipcode : 94010
Street : Ogden Drive
Street Number : 1868
Floor Number : 0
Longitude : W123° 36' 44.6''
Latitude : N37° 35' 36.2''
MLS Addon
Office Name : Green Banker Realty
Building Type : Other
Area : Mills Estates
Address : 1868 Ogden Drive
LA1User Code : MLL157878
LA1Agent First Name : Stanley
LA1Agent Last Name : Lo
Status Category : Active
Tot # Parking Spaces : 0
Tot # of Units : 120
Zoning : EA00
List $/SqFt : $0
Age : 0
Apx Lot Sq Ft : 39,138 Sqft
Type of Building : Apt Complex
Annual Taxes : $0
Total Deposits : $0
DISABLED FEATURES : Wheelchair Ramp(s), Elevator
ON-SITE PARKING DESC : Below Ground Parking, Spaces - Assigned, Tandem Parking
OPERATING EXPENSES : Other
TENANT PAYS : Other
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 0.00
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $36,000,000
Sold Price : $0
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 0
Net Oper Income : 0
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
List Agent DRE Num. : 00874415
Filtered Address : 1868 Ogden DR
LA1Agent License ID : 00874415
LA1Old Agent ID : 4523
LA1NRDS_ID : 199005169
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 025-121-190
Showing : Appointment Only,Call Listing Agent
LO1Main Office ID : 70869
LO1Board ID : 0
LO2Office Identifier : 0
LO2Main Office ID : 0
SO1Office Identifier : 0
SO1Board ID : 0
SO2Office Identifier : 0
SO2Office Type : 0
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 39800000
Address Search Number : 1868
Listing Agent : 247278
Listing Office : 70869
Co-List Agent : 0
Listing Office 2 : 0
Apprx Equity : 0
Buyer Agent 1 : 0
Buying Office 1 : 0
Co-Sell Agent : 0
Buying Office 2 : 0
Photo Count : 1
Input Date : 14/04/2021 21:58:21
Update Date : 17/09/2021 04:14:09
PhotoTimestamp : 17/09/2021 02:12:57
First Photo Add Timestamp :
List Date : 14/04/2021
Expire Date :
Pending Date :
Closing Date :
Status Date : 14/04/2021
Price Date :
Off Market Date :
Status : Active
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 156
Cumulative DOMLS : 156
Unit # 2 # of Bedrooms: 1
Unit # 3 # of Bedrooms: 2
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81839002
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 3.89 Acre
$39,800,000
Agent info
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