220 Park Rd, Burlingame, CA 94010 – Office Building High Rise 5+ stories

OfficeYear Built N/ATotal Assessed Value $132,411,152County San Mateo

Property Details

The Office property 220 Park Rd, Burlingame, CA 94010 is located in San Mateo County. The specific property type is Office Building High Rise 5+ stories. The total assessed value of this property is $132,411,152.

The gross building area is 0 square feet and the land area is 55,495 square feet for this Office Building High Rise 5+ stories built in N/A.

Legal description: Lot:4-7 Subd:Lorton Avenue Lots 4 5 6 7 12 13 14 & Adj Ptn Lorton Ave & 20 Ft Alley Abnd Blk 6 Supp Map To Town Of Burlingame No 1 Rsm B/28

Market Value

7.15%

Cap Rate

N/A

NOI

N/A

Occupancy

Avg Rent

1 / 4

Property Information

Property TypeOffice

Sub Property TypeOffice Building High Rise 5+ stories

Building Area0

Land Size55,495

Land Value$30,775,032

Improved Value$101,636,120

Total Assessed Value$132,411,152

Year BuiltN/A

County NameSan Mateo

Account Number029-204-250

Cap Rate7.15%

Very Walkable

Good Transit

Bikeable

Amenities

HeatingNone

Type ConstructionOther

Sales History

8/27/2021

Arms-length$29,100,000

Buyer

220 Park Road Owner Llc

Seller

Burlingame Park Square Llc

Book Number

2021.125910

Recording Date

8/27/2021

Transaction Details

220 Park Road Owner Llc acquired the property from Burlingame Park Square Llc through a Arms-length transaction on 8/27/2021 for $29,100,000.

8/20/2021

Arms-lengthNot Disclosed

Buyer

220 Park Owner Llc

Seller

220 Park Burlingame Llc

Book Number

2021.125912

Recording Date

8/20/2021

Transaction Details

220 Park Owner Llc acquired the property from 220 Park Burlingame Llc through a Arms-length transaction on 8/20/2021 for .

10/28/2014

Arms-lengthNot Disclosed

Buyer

Wang Lu Frank Nong

Seller

Wang Lu Frank Nong

Book Number

2014.98654

Recording Date

10/28/2014

Transaction Details

Wang Lu Frank Nong acquired the property from Wang Lu Frank Nong through a Arms-length transaction on 10/28/2014 for .

10/23/2014

Arms-lengthNot Disclosed

Buyer

Burlingame Park Square Llc

Seller

Wang Lu Frank Nong

Book Number

2014.98655

Recording Date

10/23/2014

Transaction Details

Burlingame Park Square Llc acquired the property from Wang Lu Frank Nong through a Arms-length transaction on 10/23/2014 for .

9/5/2014

Arms-length$15,700,000

Buyer

220 Park Owner Llc,

Seller

United States Postal Service

Book Number

2014.80241

Recording Date

9/5/2014

Transaction Details

220 Park Owner Llc, acquired the property from United States Postal Service through a Arms-length transaction on 9/5/2014 for $15,700,000.

Property constructed in 0

YSale Price (USD) byXSales Year

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Mortgage History

10/28/2014

Arms length residential transactions purchase or resales$15,750,000

Borrower

Wang Lu Frank Nong

Lender

Intec Holdings International Limited

Book Number

2014.98656

Recording Date

10/28/2014

Transaction Details

Wang Lu Frank Nong borrowed the property from Intec Holdings International Limited through a Arms length residential transactions purchase or resales transaction on 10/28/2014 for $15,750,000.

9/2/2014

Helocs both purchase money and non purchase money helocs$15,750,000

Borrower

Wang Lu Frank Nong

Lender

Intec Holdings International Limited

Book Number

2014.80242

Recording Date

9/2/2014

Transaction Details

Wang Lu Frank Nong borrowed the property from Intec Holdings International Limited through a Helocs both purchase money and non purchase money helocs transaction on 9/2/2014 for $15,750,000.

Property constructed in 0

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Assessment History

Assessment Year ↓	Assessed Land Value ↕	Assessed Improved Value ↕	Assessed Total Value ↕	Market Value ↕	Owner Name ↕	Owner Address ↕	Legal Description ↕	Neighborhood Code ↕	Sub Division ↕	Land Size (SF) ↕	GBA (SF) ↕
2025	$30,775,032	$101,636,120	$132,411,152	-	220 Park Owner Llc	-	Lot:4-7 Subd:Lorton ...	-	Lorton Avenue	55,495	-
2023	$29,580,000	$33,102,000	$62,682,000	$62,682,000	220 Park Owner Llc	145 Addison Ave	Lot:4-7 Subd:Lorton ...	-	Lorton Avenue	55,495	-
2022	$29,000,000	$100,000	$29,100,000	-	220 Park Owner Llc	-	LOT:4-7 SUBD:LORTON ...	-	LORTON AVENUE	55,499	-
2021	-	-	-	-	Burlingame Park Squa...	1325 Howard Ave Ste ...	Subd:Lorton Avenue L...	-	Lorton Avenue	55,499	-
2020	-	-	-	-	Burlingame Park Squa...	1325 Howard Ave Ste ...	Subd:Lorton Avenue L...	-	Lorton Avenue	55,499	-
2019	$16,160,870	$754,172	$16,915,042	-	Burlingame Park Squa...	1325 Howard Ave	LOTS 4 5 6 7 12 13 1...	-	LORTON AVENUE	55,499	-
2018	$15,843,991	$739,385	$16,583,376	-	Burlingame Park Squa...	1325 Howard Ave	LOTS 4 5 6 7 12 13 1...	-	LORTON AVENUE	55,499	-
2017	$15,533,325	$724,888	$16,258,213	-	Burlingame Park Squa...	1325 Howard Ave	LOTS 4 5 6 7 12 13 1...	-	LORTON AVENUE	55,499	-
2016	$15,228,750	$710,675	$15,939,425	-	Burlingame Park Squa...	1325 Howard Ave	LOTS 4 5 6 7 12 13 1...	-	LORTON AVENUE	55,499	-
2015	$15,000,000	$700,000	$15,700,000	-	Burlingame Park Squa...	1325 Howard Ave	LOTS 4 5 6 7 12 13 1...	-	LORTON AVENUE	55,499	-

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Nearby Lenders

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Lender Name ↕	Property Address ↕	Loan Date ↕	Mortgage Amount ↕	Land Size (SF) ↕	Year Built ↕	GBA (SF) ↕	Total Assessed Value ↕	Land Assessed Value ↕	Borrower ↕
—	220 Park Rd, Burlingame, CA 94010	—	-	55,495	N/A	-	$ 132,411,152	$ 30,775,032	-
East West Bank	116 Park Blvd, Millbrae, CA 94030	07/21/2025	$ 1,200,000	10,158	0	-	$ 3,510,767	$ 2,901,462
Bgo Us Lending Seller I Llc	1301 Shoreway Rd, Belmont, CA 94002	06/18/2025	$ 8,430,000	302,611	1983	148,919	$ 93,896,100	$ 73,088,100	1 Shoreway Owner Llc
Linc Housing Corporation	876 El Camino Real, Belmont, CA 94002	06/01/2025	$ 540,000	1,834	1953	2,604	-	-	Linchill Street Lp
Bank Of America Na	1440 Chapin Ave, Burlingame, CA 94010	05/14/2025	$ 23,000,000	25,574	1987	50,000	$ 34,023,328	$ 15,282,610	1440 Chapin Owner Llc
Golden Bank Na	161 W 25th Ave, San Mateo, CA 94403	04/23/2025	$ 800,000	6,325	1962	10,250	$ 4,781,486	$ 2,759,233	Ultracapital Inc
Bank Of America Na	303 California Dr, Burlingame, CA 94010	04/23/2025	$ 5,000,000	10,920	1910	30,000	$ 3,744,320	$ 1,409,956	Avenue Plaza Burlingame Llc
Jpmorgan Chase Bank Na	477 9th Ave, San Mateo, CA 94402	04/16/2025	$ 61,000,000	70,001	0	-	$ 5,140,670	$ 3,091,624	Smdt Partners Llc
Eden Housing Inc	1232 Cherry St, San Carlos, CA 94070	03/01/2025	$ 2,575,644	3,999	0	-	-	-	Cherry Street Commons Lp
Preferred Bank	1265 Mission Rd, South San Francisco, CA 94080	02/26/2025	$ 1,150,000	11,478	0	-	$ 1,749,829	$ 1,509,229
Live Oak Banking Company	1201 Saint Francis Way, San Carlos, CA 94070	02/26/2025	$ 2,000,000	5,001	0	-	$ 347,500	$ 77,704	Shri Ganesh Holdings Llc

Mean$ 65,775,332

Median$ 3,450,000.0

Loan Amount Range$ 460,000 - $ 940,534,000

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