ActiveCondo

$996,000

1427 Floribunda Ave Apt 307, Burlingame 94010

Beds2

Baths2

Sqft1,366

DOM14

No Photos Available

AddressIntel AI Briefing

This property represents a stable condo investment valued closely with recent in-building comparable sales on Floribunda Avenue. High household incomes in Burlingame ensure robust rental demand, making this a reliable yield play with minimal capital expenditure required.

Property Permit History

Date	Project Type	Status	Valuation	Contractor
2026-03-16	RESIDENTIAL ALTERATION - REMODEL	Finaled	$9,000	OWNER-BUILDER
2024-02-28	RESIDENTIAL ALTERATION - REMODEL	Finaled	$41,773	RENEWAL BY ANDERSEN
2024-02-26	RESIDENTIAL ALTERATION - REMODEL	Finaled	$75,000	OWNER-BUILDER

Recent Neighborhood Remodeling (Burlingame)

2026-08-04 • 30 STANLEY RD

RESIDENTIAL WINDOW AND DOOR REPLACEMENT LIKE FOR LIKE ONLY

--ACTIVE

2026-08-04 • 220 PRIMROSE RD

COMMERCIAL REROOF

--ACTIVE

2026-08-03 • 1665 WESTMOOR RD

RESIDENTIAL REROOF - SINGLE FAMILY OR DUPLEX

--ACTIVE

2026-07-31 • 142 VICTORIA RD

RESIDENTIAL NONSTRUCTURAL KITCHEN OR BATH REMODEL

$40,000Active

2026-07-30 • 311 AIRPORT BLVD

COMMERCIAL DEMO - NON STRUCTURAL

$59,685Active

2026-07-30 • 1508 VANCOUVER AVE

NEW SFD AND NEW ADU

$1,000,000Active

Parcel & Zoning Info

APN105660130

Official Lot Sqft1,303

Zoning CodeNO DATA ASSIGNED

SB 9 StatusN/A

Condo Investment Snapshot

Value Score60/100

Price / Sqft$729 vs $769 mkt

Price vs Market-5.2% At market

Est. Rent$3,458/mo

Price positioning vs. 30 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Hazard Snapshot

Flood Zone

Area of minimal flood hazard.

Fire Severity

None

Not in a mapped state fire severity zone.

Liquefaction

Yes

In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Nearby Public Schools

Elementary School

McKinley Elementary

Burlingame Elementary

0.2 miles away

Middle School

Crocker Middle

Hillsborough City Elementary

1.1 miles away

High School

Burlingame High

San Mateo Union High

0.3 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

93/100

Based on recent sales velocity and local demand in 94010.

Flippability Score

45/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

48%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Purchase Price$996,000

New Build Sqft2,000 sqft

Hard Costs ($/sqft)$400/sqft

Soft Costs$150,000

Demolition$25,000

Estimated ARV ($/sqft)$802/sqft

Median of 4 recent condo sales in 94010: $802/sqft.

Hard Costs$800,000

New Build2,000 sqft

Total Capital Required$1,971,000

Estimated Resale (ARV)$1,604,000

Projected Profit

-$367,000

-18.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (94010)

1110 Bayswater Ave Apt 303

Sold

$1,130,000

Sold: 2026-07-31

Lot: -

Sqft: 1270

$/Sqft: $890

1515 Floribunda Ave Apt 309

Sold

$690,000

Sold: 2026-07-23

Lot: -

Sqft: 1004

$/Sqft: $687

735 El Camino Real Apt 104

Sold

$710,000

Sold: 2026-07-14

Lot: 944

Sqft: 993

$/Sqft: $715

1110 Bayswater Ave Apt 106

Sold

$1,150,000

Sold: 2026-07-09

Lot: -

Sqft: 1260

$/Sqft: $913