$2,480,000
For Sale

1028 Chula Vista Avenue

Burlingame, CA 94010
4651 sqft | 0.13 acres | #ML81958303
Listing OfficeCompass
Browse 198 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

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.

  • Property Details
      • Property TypeMulti-Family
      • Original List Price$2,688,000
      • MLS #ML81958303
      • Property SubtypeQuadruplex
      • MLS #ML81958303
      • CountySan Mateo
      • Taxes Annual$29,020
      • Cost2480000
      • Utility SourcePublic
      • Acres0.132
      • School DistrictOther
      • Square Feet4651
      • Year Built1978
      • FoundationSlab
      • Stories2
      • Parking Spaces2

Location

Lucy & ArmenReal Estate Group
$
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Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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