What Made 129 Anita Road's 5-Unit Sale a Smart Investment?
Just Sold | 129 Anita Road, Burlingame 5-Unit Apartment Building Sale Price: $1,980,000 We’re pleased to announce the successful off-market sale of 129 Anita Road, a five-unit multifamily property in Burlingame. The property consists of: (1) detached single-family residence (2) detached duplex structures, comprising (3) one-bedroom / one-bathroom units and (1) studio unit, situated on a 7,500 SF lot The property is a short distance to top Burlingame schools, Downtown Burlingame, and other nearby amenities, making it a highly desirable long-term investment location. We sourced a motivated 1031-exchange buyer seeking increased cash flow and long-term income stability. Seller Objective: The sellers were long-term owners looking to reduce day-to-day management responsibilities while achieving a smooth, efficient escrow and top-of-market pricing. Buyer Strategy: The buyer completed a 1031 exchange from a single-family residence into a more scalable, income-producing multifamily asset. By acquiring this five-unit property, the buyer was able to: • Increase cash flow and income stability • Improve location quality • Defer capital gains taxes via a 1031 exchange • Implement a value-add strategy to grow rental income and overall property value This transaction highlights the importance of targeted marketing and aligning the right opportunity with the right buyer to achieve win-win results. For more information on this sale or current market updates, feel free to reach out. Hanna John Azar hannajohn.azar@compass.com 415.875.0177 #realestate #multifamily #investmentproperty #offmarketsale #burlingame #sfbayarea #commercialrealestate #1031exchange #incomeproperty #compasscommercial
October 8, 2026