Property Details
About this Property
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.
MLS Listing Information
MLS #
SF425043145
MLS Source
San Francisco Association of Realtors® MLS
Days on Site
1
Interior Features
Laundry
Coin Operated
Parking, School, and Other Information
Garage/Parking
Covered Parking, Off-Street Parking, Garage: 0 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Scott Gerber
NORCAL COMMERCIAL
License #: 01138762
Phone: (415) 215-3333
Co-Listing Agent
Katherine Raphael
License #: 02027825
Phone: (415) 259-9891
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 9 | 9 | 9 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
37 Lorton Ave is a Residential Income in Burlingame, CA 94010. This 6,340 square foot property sits on a 7,500 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,300,000 and was built in 1950. This address can also be written as 37 Lorton Ave, Burlingame, CA 94010.
©2025 San Francisco Association of Realtors® MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Francisco Association of Realtors® MLS.
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This listing information is up-to-date as of May 23, 2025. For the most current information, please contact Scott Gerber, (415) 215-3333
