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 VALUE-ADD OPPORTUNITY All 40 units have received minor improvements, leaving ample room to upgrade finishes, f ixtures, and layouts to contemporary standards. This repositioning strategy allows a buyer to capture significant rental upside in a supply-constrained Burlingame market, driving stronger cash flow and long-term value. CURRENT OCCUPANCY WITH IMMEDIATE UPSIDE Currently 26 of 40 units are occupied, leaving 14 vacant units primed for renovation and re-leasing at premium rates. This built-in vacancy provides the new owner immediate value-add execution, enabling quick rent growth and accelerated stabilization in Burlingame’s high-demand rental market. EXTENSIVE CAPITAL IMPROVEMENTS The current owner has invested heavily in significant upgrades, enhancing the property’s overall condition and reducing deferred maintenance.