Listed By:
Nathan Gustavson with Compass - 415-786-9410
Address
1028 Chula Vista AVE, Burlingame, CA
Price
$ 2,688,000
Property Attributes
  • MLS#ML81958303
  • TypeIncome
  • CountySAN MATEO
  • CityBurlingame
  • AreaBurlingame Terrace-Easton Addition
  • Zip94010
  • Style
  • Price$ 2,688,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4651
  • Lot Size5,750 SqFt
Data Source:
MLSListings Inc.
Property Description

Rare opportunity to purchase a well-maintained fourplex in Burlingame's Broadway Neighborhood. This 1978 fourplex, located just a block-and-a half from Broadway, has a unit mix of (1) 2-Bedroom/1-Bathroom unit and (3) 1-Bedroom/1-Bathroom units. Unit 1 has a spacious, private backyard, Units 2 and 3 have been remodeled in 2022 and 2019, respectively. All four units have garbage disposals and dishwashers. The three spacious upstairs units (2, 3, 4) have vaulted ceilings with high vertical windows offering abundant natural light. There are dual pane windows in 3 of the 4 units and an abundance of parking with 5 carports, and a large private two-car garage. All units have storage and access to the on-site coin-operated laundry room. Sewer lateral compliance certified in 2023, and a new water heater was installed in 2023. Steps away from shopping, groceries, and restaurants on Broadway, 1 mile from Hwy 101 onramp, and 3 blocks from CalTrain station for convenient commuting up and down the Bay. This is a great opportunity for generational income property in one the nicest sub-markets on the Peninsula.

Price History
3/20/2024 Listed $2,688,000

General Features

Heating Electric
Cooling None
Utilities Individual Electric Meters,Individual Gas Meters
Roof Fiberglass,Shingle
Water Public
Number of Garage Spaces 2
# of Buildings 1
Security Features None
Additional Rooms Laundry Room,Storage
Year Built 1978
Age 46
Property SubType Fourplex
City Limits (Y/N) Yes
Zoning Text R30000
Amenities Misc. Vaulted Ceiling
Accessibility None
County San Mateo
Property Type Residential Income (2-4 units)
Special Listing Conditions Not Applicable
Status Active
City BURLINGAME
MLS Area Burlingame Terrace-Easton Addition
Listing Agent State License 01898316
Co-Listing Agent State License # 00972394
Co-Listing Agent Last Name Cameron
Co-Listing Agent Last Name Foster

Interior Features

Kitchen Cooktop - Electric,Dishwasher,Garbage Disposal,Oven - Electric,Refrigerator,Varies by Unit
Flooring Carpet,Laminate,Vinyl / Linoleum
Unit 1 Rent 2000
Building Unit Total 4
Living SqFt 4651
Unit 2 Number of Bedrooms 1
Laundry Features Coin Operated

Exterior Features

Parking Features Assigned Spaces,Attached Garage,Carport
Horse Property No
Parking Spaces 1
Lot Size Area 5750.00
Maximum Lot Size 5750.00
Sewer/Septic Sewer Connected,Sump Pump
Meters Master Water,Separate Common Area,Separate Electric,Separate Gas
Foundation Details Concrete Slab
Building Area Total 4651
Lot Acres 0.1320
Lot Size Units Square Feet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 94010

Price
AVG $2.69M
$2.69M
Visits
AVG 59
59
Data Provided by Inside Real Estate®
Year Built
AVG 1951
1978