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37 Lorton Avenue, 
Burlingame, CA 94010

$4,300,000


Bed


Bath


6,340

Sq Ft


Multi-Family

Active

Listed by

Scott Gerber

Katherine Y. Raphael

Norcal Commercial

Last updated:

June 14, 2025, 02:35 PM

MLS#

425043145

Source:

CABAREIS

About This Home

37 Lorton Avenue

Situated on a flat, attractively low maintenance 0.17 acre parcel just steps from the heart of downtown Burlingame, 37 Lorton Avenue offers investors a rare opportunity to acquire a charming boutique apartment building in one of the most prestigious and supply-constrained rental markets on the San Francisco Peninsula. This well-maintained 9-unit property features eight one-bedroom units and one studio with assigned covered parking, on-site laundry, and an unbeatable location near shopping, restaurants, transit, SFO, and major employers. Priced below recent comps at $4,300,000, or $477,778 per unit, the starting cash flow of 3.13% grows to 4.68% at what are believed to be market rents, creating a clear path to strong financial performance for the foreseeable future.

Home Facts

Multi-Family

Built in 1950

Price Summary

4,300,000

$678 per Sq. Ft.

MLS #:

425043145

Last Updated:

June 14, 2025, 02:35 PM


Rooms & Interior

Interior

Living Area:

6,340 Sq. Ft.


Structure

Structure

Building Area:

6,340 Sq. Ft.

Year Built:

1950


Lot

Lot Size (Sq. Ft):

7,500


Finances & Disclosures

Finances

Price:

$4,300,000

Price per Sq. Ft:

$678 per Sq. Ft.

Source:CABAREIS
The information being provided by Bay Area Real Estate Information Services, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bay Area Real Estate Information Services, Inc.. Norcal Commercial is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Norcal Commercial, a broker participant of Bay Area Real Estate Information Services, Inc.. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Bay Area Real Estate Information Services, Inc. and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2025 Bay Area Real Estate Information Services, Inc.. All rights reserved.

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