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Listed by Nancy Shen, DRE #02072962 • Compass
$2,498,800
Est. payment /mo
5 Beds
3 Baths
2,795 SqFt
Open Sat 2PM-4PM
1116 Chula Vista AVE Burlingame, CA 94010
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Open House
Sat May 30, 2:00pm - 4:00pm
Sun May 31, 2:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,795 sqft
Price per Sqft $894
MLS Listing ID ML82048163
Bedrooms 5
Full Baths 3
Year Built 1941
Lot Size 5,750 Sqft
Property Sub-Type Triplex
Source MLSListings, Inc.
Property Description
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
Area Burlingame Terrace-Easton Addition
Zoning RM0000
Interior
Heating Wall Furnace
Cooling Central AC
Flooring Hardwood
Exterior
Parking Features Attached Garage, Parking Area
Utilities Available Public Utilities
Roof Type Composition
Building
Foundation Crawl Space
Sewer Sewer - Public
Water Public
Others
Tax ID 026-191-160
Special Listing Condition Not Applicable
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