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ActiveCondo

$1,398,000

777 Morrell Ave Apt 206, Burlingame 94010

Beds3
Baths2.5
Sqft1,350
DOM11
No Photos Available

AddressIntel AI Briefing

This condo is priced well above building comps and general market averages, presenting poor immediate yield. With a low owner-occupancy rate and a high price per square foot, it serves better as a turnkey rental asset once pricing softens.

Property Permit History

DateProject TypeStatusValuationContractor
2025-05-14RESIDENTIAL ALTERATIONFinaled$5,000LIMA CONSTRUCTION
2025-01-28BATHROOM UPGRADEFinaled$6,300REBORN CABINETS LLC
2024-09-17BATHROOM UPGRADEFinaled$5,800REBORN CABINETS
2024-08-30RESIDENTIAL ALTERATION - REMODELExpired$25,000AUTHENTIC RESTORATION AND WATERPROOFING INC
2024-03-06RESIDENTIAL ALTERATIONFinaled$7,713BROTHERS HOME IMPROVEMENT

Recent Neighborhood Remodeling (Burlingame)

2026-08-0430 STANLEY RD
RESIDENTIAL WINDOW AND DOOR REPLACEMENT LIKE FOR LIKE ONLY
--ACTIVE
2026-08-04220 PRIMROSE RD
COMMERCIAL REROOF
--ACTIVE
2026-08-031665 WESTMOOR RD
RESIDENTIAL REROOF - SINGLE FAMILY OR DUPLEX
--ACTIVE
2026-07-31142 VICTORIA RD
RESIDENTIAL NONSTRUCTURAL KITCHEN OR BATH REMODEL
$40,000Active
2026-07-30311 AIRPORT BLVD
COMMERCIAL DEMO - NON STRUCTURAL
$59,685Active
2026-07-301508 VANCOUVER AVE
NEW SFD AND NEW ADU
$1,000,000Active

Parcel & Zoning Info

APN108050060
Official Lot Sqft682
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score0/100
Price / Sqft$1,036 vs $769 mkt
Price vs Market+34.7% Above market
Est. Rent$4,854/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

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

Fault Zone

No
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

0.6 miles away
Middle School

Crocker Middle

Hillsborough City Elementary

1.5 miles away
High School

Burlingame High

San Mateo Union High

0.4 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

94/100

Based on recent sales velocity and local demand in 94010.

Flippability Score

20/100

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

Bidding War Prob.

47%

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.

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

Hard Costs$800,000
New Build2,000 sqft
Total Capital Required$2,373,000
Estimated Resale (ARV)$1,604,000

Projected Profit

-$769,000
-32.4% 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