Sold

1116 Chula Vista Avenue, BURLINGAME, CA 94010

1116 Chula Vista Avenue

$2,450,000
Listed by Compass, Nancy Shen, Listing Contact: 6503829937
**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!

Studio

2,795 Sq.Ft. LIVING AREA

5,749.92 Sq.Ft. lot

Dana Carmel

Dana Carmel

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Hardwood
  • APPLIANCES Refrigerator

Area & Lot

  • Status Sold
  • Date Sold June 26, 2026
  • Living Area2,795 Sq.Ft.
  • Total Area2,795 Sq.Ft.
  • Lot Area5,749.92 Sq.Ft.
  • MLS® IDML82048163
  • TypeMulti-Family
  • YEAR BUILT1941
  • School DistrictSan Mateo Union High

Exterior

  • STORIES2
  • Garage Space2.0
  • water SourcePublic
  • PoolNone
  • roofComposition
  • parkingAttached
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGCentral Air
  • sewerPublic Sewer

Financial

  • Sales Price$2,450,000
  • Real Estate Tax $29,385/yr
  • Maintenance Fee $1,000/mo
  • Zoning RM0000
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Dana's extensive hands-on experience in business, marketing, and construction, led her into the world of real estate. Dana uses her strong project management and organizational skills to bring excellent service and a competitive edge to her clients.