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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
StatusActive
SqFt 169,232
Acres 0.899
CountySan Mateo
Year Built2021
Property TypeCommercial Multi-Family
Property Sub TypeFive or More Units

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Amol Heda
Address: 12312 Saratoga Sunnyvale Rd,
Saratoga, CA 95070
United States
Phone: 408-307-9465

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