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$3,600,000
Est. payment /mo
5,749 Sqft Lot
UPDATED:
12/05/2024 05:31 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81986005
HOA Y/N No
Year Built 1946
Annual Tax Amount $41,086
Lot Size 5,749 Sqft
Property Description
1113 Chula Vista Ave is an exceptional 8-unit investment opportunity located in the thriving city of Burlingame, California. Situated on a parcel of land totaling 5,750 square feet, the subject property was originally constructed in 1946 and has a gross building area of approximately 10,450 square feet, offering its tenants beautifully designed one-bedroom floor plans. The property is equipped with a completely upgraded electrical system throughout the building. The subject property is situated just over one block from the Broadway Caltrain Station, fostering connectivity to the entire Bay Area. Additionally, 1113 Chula Vista Ave is approximately three miles from the San Francisco International Airport allowing tenants to easily travel across state borders and internationally. The subject property is also nearby Downtown Burlingame and the Broadway Business District. Both districts feature a growing variety of locally owned businesses, shops, and boutiques, along with many restaurants and cafes.
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning R3
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
School District Other
Others
Tax ID 026192070
Special Listing Condition Standard
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Listed by Robert Johnston • Marcus & Millichap
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908