1116 Chula Vista AVE, Burlingame, CA 94010
Accel Lofty
Accel Lofty

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+1(234) 567-8901

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Listed by Nancy Shen • Compass, DRE#02072962
Bought with Dana Carmel • Represent Realty

$ 2,450,000

$ 2,498,800 2.0%

Est. payment | /mo

5 Beds

3 Baths

2,795 SqFt


$ 2,450,000

$ 2,498,800 2.0%

Est. payment | /mo

5 Beds

3 Baths

2,795 SqFt

Key Details

Sold Price $2,450,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,795 sqft

Price per Sqft $876

MLS Listing ID ML82048163

Bedrooms 5

Full Baths 3

Year Built 1941

Lot Size 5,750 Sqft

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

Area Burlingame Terrace-Easton Addition

Zoning RM0000

Interior

Heating Wall Furnace

Cooling Central AC

Flooring Hardwood

Exterior

Parking Features Attached Garage, Parking Area

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Story 2

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)

Nearby School & Business

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