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$ 2,498,800
Est. payment /mo
Pending
1116 Chula Vista Avenue Burlingame, CA 94010
5 Beds
2,795 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Pending
Purchase Type For Sale
Square Footage 2,795 sqft
Price per Sqft $894
MLS Listing ID ML82048163
Bedrooms 5
HOA Y/N No
Year Built 1941
Lot Size 5,750 Sqft
Acres 0.13
Property Sub-Type Triplex
Property Description
**Offer due- Thursday June 4 by 2pm** A true investors gem a rare opportunity offering exceptional five-digit monthly rental income! Beautifully renovated 3-unit apartment building located in the heart of downtown Burlingame in an exceptionally desirable location. Nestled on a quiet, charming street, yet within walking distance to dozens of restaurants, Starbucks, grocery stores, banks, Caltrain, fitness centers, childcare facilities, and top-rated schools. Designed for easy ownership with low yard maintenance, the property features an ideal unit mix of two 2-bedroom/1-bath units and one 1-bedroom/1-bath unit. All units have been tastefully updated, equipped with A/C, and are currently operated by professional property management as either Airbnb rentals or occupied by long-term tenants with extremely low to no vacancy. Perfect for a large or multi-generational family seeking both togetherness and privacy while generating strong rental income, or for investors looking for exceptional cash flow and rare-to-find rental returns. Don't miss this incredible opportunity- see it before it's gone!
Location
State CA
County San Mateo
Zoning RM00
Interior
Heating Wall Furnace
Flooring Hardwood
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District San Mateo Union High
Others
Tax ID 026191160
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Listed by Nancy Shen • Compass
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