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0 Baths
2,795 sqft

$2,498,800

1116 Chula Vista Avenue, Burlingame CA, 94010

Price per sqft$894.03
Built in1941
Property size2,795 sqft
Property typeMulti-family

Overview

Active

Listed May 21, 2026

Updated Jun 3

**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!

$16,625/mo

Est. mortgage payment based on a $2,498,800 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82048163

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$29,385
Tax Frequency
Annually
Maintenance Expense
$1,000
Garage
Yes

Listed by Nancy Shen, Compass, CA DRE 02072962

Listing Contact: 650-382-9937 

Based on information from the CRISNet MLS as of 6/3/2026, 3:33 PM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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