Home | San Mateo County | Burlingame | 94010 | 1249 Oak Grove Ave
1249 Oak Grove Ave, Burlingame, CA 94010
MLS: ML82020759 | Status: | Price: $6,280,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Acres Lot |
Yr Built |
| – |
– |
17,576 |
0.436 |
1954 |
Magnify is pleased to present 1249-1265 Oak Grove Avenue in Burlingame, a rare value-add opportunity to acquire a 17-unit multifamily asset in one of the most desirable neighborhoods on the San Francisco Peninsula. Built in 1954, the property features two separate buildings totaling 17,576 square feet, situated on a large 19,007 square foot lot within the Downtown Specific Plan zone. The unit mix includes (15) 1BD/1BA, (1) 2BD/1BA, and (1) 2BD/1.5BA with nearly 40% upside in rents. Recent capital improvements include dual pane windows throughout, fresh exterior paint, and upgraded flooring in 11 units with hardwood or luxury vinyl plank.
The property is located just a 1/2 mile walk from Downtown Burlingame, and adjacent to Hillsborough, Californias second most affluent city. It is near major employers such as Mills-Peninsula Medical Center, leading biotech firms, and San Francisco International Airport. The area offers a vibrant lifestyle with boutique shopping, dining, parks, and cultural attractions including Bayfront Park and the Burlingame Museum of Pez Memorabilia. With strong demographics, low vacancy rates, and excellent connectivity to both San Francisco and Silicon Valley, this asset is well-positioned for long-term income growth and future redevelopment potential.
| Field |
Value |
| MLS # |
ML82020759 |
| MLS Source |
MLSListings, Inc. |
Features
Interior Features
| Feature |
Details |
| Appliances |
Washer/Dryer |
| Laundry |
Coin Operated |
| Cooling |
None |
| Heating |
Gas, Wall Furnace |
Exterior Features
| Feature |
Details |
| Roof |
Polyurethane |
| Foundation |
Pillar/Post/Pier, Slab |
| Feature |
Details |
| Garage/Parking |
Carport, Garage: 4 Car(s) |
| Elementary District |
Burlingame Elementary |
| High School District |
San Mateo Union High |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
R30000 |
| Listing Agent |
Co-Listing Agent |
| David Katz |
Kyle De Mattei |
| Magnify Real Estate |
|
| License #: 01971921 |
License #: 02146792 |
| Phone: (408) 758-0718 |
Phone: (408) 334-3226 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
16 |
17 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
– |
1 |
1/0 |
– |
– |
15 |
| 2 |
908 |
2 |
1/0 |
– |
– |
1 |
| 3 |
1,300 |
2 |
1/1 |
– |
– |
1 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
Disclosures
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This listing information is up-to-date as of January 30, 2026. For the most current information, please contact David Katz, (408) 758-0718.