1123 Chula Vista Avenue offers an investor the unique opportunity to acquire an apartment building in an A+ downtown Burlingame location with tremendous upside potential in one of the most sought after submarkets in the country. Chula Vista consists of 8 large Studio units ideal for the young professional working in Silicon Valley. Two of the eight units have been fully renovated and achieved top of the market rent with high end tenant profiles. Six units have rents drastically below market presenting an ideal add-value opportunity for a new owner. The building also benefits from brand new exterior paint, dual pane windows and landscaping. (Interior pics shown are of 2 renovated units)
|LAST UPDATED||2/5/2019||YEAR BUILT||1957|
|COMMUNITY||Burlingame Terrace-Easton Addition||COUNTY||San Mateo|
|STATUS||Active||PROPERTY TYPE(S)||Multi Family|
|School District||San Mateo Union High|
|AREA||Burlingame Terrace-Easton Addition|
|BASEMENT||Foundation: Concrete Perimeter and Slab|
|LOT||5750 sq ft|
|SEWER||Sewer: Sewer - Public|
TOTAL MONTHLY PAYMENT
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