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$2,450,000
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Property Description
**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!
Full Property Details
Full Property Details for 1116 Chula Vista Ave
General
- Sold For: $2,450,000
- Status: Closed
- Type: Triplex
- Source: RE_Infolink
- MLS ID: ML82048163
- Added to Site: 49 day(s) ago
Interior
- Flooring: Hardwood
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Garage Spaces: 2
- Parking Features: Attached Garage, Parking Area
Location
- Area: Burlingame Terrace-Easton Addition
- County: San Mateo
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Separate Electric, Separate Gas, Separate Water
Structural Information
- Foundation: Crawlspace
- Roof: Composition
- Disability Access: Other
- Square Feet: 2,795
- Year Built: 1941
Unit Information
Unit 1
- Bedrooms: 2
Unit 2
- Bedrooms: 2
Unit 3
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.132
- Minimum Lot Size: 5750
- Lot Size (Sq. Ft.): 5,750
- Building Sites: 2
- Zoning: RM0000
Listed by Compass, Nancy Shen
Sold by Rpsnt, Dana Carmel
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Schools
Schools serving 1116 Chula Vista Ave
School Districts:Burlingame Elementary School District, San Mateo Union High School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Burlingame, CA 1151 Vancouver Avenue, Burlingame, CA 94010 | K-5 | 0.6 mi |
Burlingame Intermediate School 1715 Quesada Way, Burlingame, CA 94010 | 6-8 | 1.3 mi |
Burlingame High School 1 Mangini Way, Burlingame, CA 94010 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 Chula Vista Ave
Date
Details
Price
Change
Source
6/26/2026
Sold
$2,450,000
-1.95%
MLS
5/21/2026
Listed
$2,498,800
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1116 Chula Vista Ave, Burlingame, CA 94010 (MLS# ML82048163) is a Triplex property that was sold at $2,450,000 on June 26, 2026. Want to learn more about 1116 Chula Vista Ave? Do you have questions about finding other Triplex real estate for sale in Burlingame Terrace-Easton Addition? You can browse all Burlingame Terrace-Easton Addition real estate or contact a Coldwell Banker agent to request more information.

