1775 Marco Polo - Tour Schedule - Tuesday, March 4, 1:30pm-3:00pm - Friday, March 7, 11:30am-12:30pm - Tuesday, March 11, 11:30am-12:30pm - Friday, March 14, 12:00pm-1:00pm Marcus & Millichap is pleased to present 1775 Marco Polo Way, a well-maintained and recently upgraded 40-unit multifamily property situated on a sprawling 0.9-acre lot in the highly desirable city of Burlingame, California. The property features a diverse unit mix that caters to a wide range of tenants: • 12 Studios • 24 One-Bedroom/One-Bathroom Units • 4 Two-Bedroom/Two-Bathroom Units CURRENT OCCUPANCY Of the 20 occupied units, 18 are leased to tenants under the Abode Housing program. Abode Housing is a nonprofit organization that connects property owners with tenants in need of affordable housing. The program guarantees timely rental payments, reduces turnover risk, and ensures stable tenancy, making it a reliable and attractive option for property owners. RENOVATED UNITS Each unit has undergone varying levels of renovation, providing modernized living spaces that attract quality tenants. EXTENSIVE CAPITAL IMPROVEMENTS The current owner has invested heavily in significant upgrades, enhancing the property’s overall condition and reducing deferred maintenance. ADU Potential Based on conversations with city planning, an additional 12 units can be added on the site.