$ 2,498,800
-
$2,498,800
Price -
5
Bed -
0
Bath -
2,795
SqFt
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About the Listing ML34966 - ML5086258
**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!
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
ML82048163
Year Built
1941
Total Square Footage
2,795
Lot/Acreage
0.13
Interior Details
- Bedrooms: 5
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Wall Furnace
- Fireplaces:
- Floor: Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 0
- Zoning: RM0000
- Roof: Composition
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: $29,385
- Taxes w/Assessments: N/A
- Tax/Property ID: 026191160
- Tax Year: N/A
Payment Calculator
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Questions About..
1116 Chula Vista Ave Burlingame, CA 94010
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