An unparalleled investment and development opportunity in the heart of North Burlingame—a fully entitled and near RTI (Ready-To-Issue) residential development project consisting of 90 high-demand condominium units just steps from both BART and Caltrain stations. Situated on a ±33,340 SF lot, this approved 6-story project will deliver ±124,620 SF of total building area, including 82,750 SF of residential space, 145 parking stalls, and a thoughtfully designed 2,340 SF public plaza offering community benefit and curb appeal. The unit mix is optimized for today’s market demand: 20 Studios 15 One-Bedroom Units 55 Two-Bedroom Units 5 units designated as BMR (Below Market Rate) for households earning 80% of San Mateo County’s AMI, satisfying inclusionary housing requirements. Designed by Levy Design Partners, the contemporary architectural vision features high-end exterior finishes, including cement plaster, metal panels, composite siding, and concrete columns—elevating the street presence and long-term value. Entitlements include: ?? CEQA clearance ?? Design Review Approval ?? Condo Map Approved ?? Conditional Use Permit for mechanical parking ?? Tier 3 Community Benefit Status ?? Nearly RTI – Building Permit process well advanced Strategic Location Highlights: 2-minute walk to Millbrae BART & Caltrain (direct access to SFO, San Francisco, and Silicon Valley) Easy access to Highway 101 and 280 Minutes to downtown Burlingame and top public/private schools Strong rental and resale comps in this high-income, supply-constrained corridor This is a rare chance to acquire a shovel-ready asset in one of the most sought-after submarkets in the Bay Area, with the heavy lifting of entitlements and approvals already completed. Ideal for builders, institutional investors, and private developers seeking scale, prime location, and long-term upside in a transit-oriented, supply-limited market.