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1120 Chula Vista Ave
Burlingame, CA 94010
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Walking Distance to Broadway Dining, Retail & Caltrain Station
- New Roof Installed in 2021
- Electrical System Upgraded in 2025
- Private Garage Parking for Tenants
Executive Summary
Offering Memorandum available upon request.
The Zurich Group of Marcus & Millichap is pleased to present 1120 Chula Vista Avenue, a six-unit apartment community ideally located in one of Burlingame's most desirable neighborhoods, just steps from the vibrant Broadway Avenue retail and dining corridor. Positioned on a tree-lined residential street, the property offers tenants immediate access to Burlingame's premier shopping, dining, entertainment, and transit amenities.
The property consists of four studio units and two one-bedroom, one-bathroom units situated on a 5,750 square foot lot. Recent capital improvements include a new roof installed in 2021 and a comprehensive electrical upgrade completed in 2025, providing investors with meaningful deferred maintenance already addressed. Additional amenities include three garages comprised of two two-car garages and one single-car garage.
Located just 0.2 miles from the Broadway Caltrain Station, the property offers exceptional connectivity throughout the Peninsula, San Francisco, and Silicon Valley. With its premier Burlingame location, strong commuter appeal, and recent capital improvements, 1120 Chula Vista Avenue represents an outstanding Peninsula investment opportunity. Buyer shall independently verify all information, including unit count, square footage, lot size, permits, financial information, and all other property details.
The Zurich Group of Marcus & Millichap is pleased to present 1120 Chula Vista Avenue, a six-unit apartment community ideally located in one of Burlingame's most desirable neighborhoods, just steps from the vibrant Broadway Avenue retail and dining corridor. Positioned on a tree-lined residential street, the property offers tenants immediate access to Burlingame's premier shopping, dining, entertainment, and transit amenities.
The property consists of four studio units and two one-bedroom, one-bathroom units situated on a 5,750 square foot lot. Recent capital improvements include a new roof installed in 2021 and a comprehensive electrical upgrade completed in 2025, providing investors with meaningful deferred maintenance already addressed. Additional amenities include three garages comprised of two two-car garages and one single-car garage.
Located just 0.2 miles from the Broadway Caltrain Station, the property offers exceptional connectivity throughout the Peninsula, San Francisco, and Silicon Valley. With its premier Burlingame location, strong commuter appeal, and recent capital improvements, 1120 Chula Vista Avenue represents an outstanding Peninsula investment opportunity. Buyer shall independently verify all information, including unit count, square footage, lot size, permits, financial information, and all other property details.
Property Facts
| Price Per Unit | $532,937 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 3.42% | Building Size | 3,300 SF |
| Gross Rent Multiplier | 18.56 | Average Occupancy | 100% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | Parking Ratio | 3.33/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R3, Burlingame | ||
| Price Per Unit | $532,937 CAD |
| Sale Type | Investment |
| Cap Rate | 3.42% |
| Gross Rent Multiplier | 18.56 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,300 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1951 |
| Parking Ratio | 3.33/1,000 SF |
| Zoning | R3, Burlingame |
Amenities
Unit Amenities
- Balcony
- Fireplace
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | 500 |
| 1+1 | 2 | - | 650 |
Property Taxes
| Parcel Number | 026-191-170 | Improvements Assessment | $849,897 CAD |
| Land Assessment | $364,273 CAD | Total Assessment | $1,214,170 CAD |
Property Taxes
Parcel Number
026-191-170
Land Assessment
$364,273 CAD
Improvements Assessment
$849,897 CAD
Total Assessment
$1,214,170 CAD
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