1123 Chula Vista Ave, Burlingame, CA 94010

$3,535,000
4,144
SqFt
Sold Price
$3,535,000
List Price
$3,664,000
Closing Date
Sep 12, 2019
MLS#
ML81756131
Status
SOLD
Sqft. of Residence
4,144
Lot Size
5,750
Listing Area
Burlingame Terrace-Easton Addition
Year Built
1957

Property Description

*Financials Based on Pro Forma Numbers. A+ downtown Burlingame location with tremendous upside in one of the most sought after sub-markets in the country. Broadway Apartments is a stunning 8-unit apartment building located at 1123 Chula Vista Avenue, in the world-class city of Burlingame, CA. The subject property is situated on a 0.13-acre parcel of land with a gross building area of approximately 4,144 square feet. The asset offers an investor a strong unit mix consisting of (8) studios, ideal for the young professional working in Silicon Valley. The property is well positioned in one of the Bay Areas most desirable cities. The building sits mere blocks away from both a Caltrain Station as well as the Broadway retail corridor. Free Trolley Service is steps away from the property providing transportation to and from nearby Downtown Burlingame, with its high-end shopping, dining and entertainment options.

Additional Information

Acres
0.132
Age
62
Building Name
Broadway Apartments
Cooling System
Ceiling Fan
Foundation
Concrete Slab
Garage Parking
Carport
Heating System
Wall Furnace
Living Area
4,144
Lot Size
5,750
Neighborhood
Burlingame Terrace-Easton Addition
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Composition
Sewer
Sewer Connected
Special Features
None
Unincorporated Yn
Yes
Zoning
R3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Adam S. Levin from Marcus & Millichap

Selling Office: M&MKW.

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