1116 Chula Vista Avenue

Burlingame CA 94010

2795 sq. ft.

5750 sq. ft.

Duplex

Currently for sale - view listing

Overview

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!

Features

2795 sq. ft. floor area

5750 sq. ft. lot size

Duplex

Property history for 1116 Chula Vista Avenue

2019

Sold

$2,450,000

22 Mar 2019 by Lydia A Manernow, of Better Homes and Gardens Real Estate JFF

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