Burlingame, CA 94010,Address not disclosed
Burlingame, CA 94010,Address not disclosed
Burlingame, CA 94010,Address not disclosed
Burlingame, CA 94010,Address not disclosed
Burlingame, CA 94010,Address not disclosed
Burlingame, CA 94010,Address not disclosed
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$3,535,000

$3,664,000

3.5%
Est.Price: ?

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Est. payment /mo

5,749 Sqft Lot


SOLD DATE : 09/12/2019

Key Details

Sold Price $3,535,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81756131

Sold Date 09/12/19

HOA Y/N No

Year Built 1957

Annual Tax Amount $41,881

Lot Size 5,749 Sqft

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning R3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 8

Roof Type Composition

Building

Water Public

Schools

School District Other

Others

Tax ID 026192040

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Adam S. Levin • Marcus & Millichap
Bought with Adam S. Levin • Marcus & Millichap
agent-avatar

+1(858) 465-0993

lizz@lizzisyourrealtor.com

27465 Jefferson Ave # 117, Temecula, California, 92590

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