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🏢 Just listed — Apartment Building Multifamily for sale in Burlingame, CA.

📍 1120 Chula Vista Avenue, Burlingame, CA
🏷  Apartment Building Multifamily · For Sale
💰 $2.30M
📈 3.42% cap

Multifamily | 6 Units | $383,333/unit

<ul><li>Six (6)-Unit Apartment Community in Prime Burlingame Location</li><li>Three (3) Garages: Two (2) Two-Car & One (1) Single-Car Garage</li><li>0.2 Miles to Broadway Caltrain Station</li><li>Roof Replaced 2021</li><li>Electrical Up

Full financials, photos, and broker contact:
https://commrty.com/property/california/burlingame/1120-chula-vista-avenue-2552706-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=1120-chula-vista-avenue-2552706

#Burlingame #Multifamily #CommercialRealEstate #CRE #Investment

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Home/CA/Burlingame

1120 Chula Vista Avenue

Burlingame, CA 94010

Asking Price

$2.30M

Cap Rate

3.42%

Asset Type

Apartment Building Multifamily

Class

Class B

What's Special

Multifamily | 6 Units | $383,333/unit <ul><li>Six (6)-Unit Apartment Community in Prime Burlingame Location</li><li>Three (3) Garages: Two (2) Two-Car & One (1) Single-Car Garage</li><li>0.2 Miles to Broadway Caltrain Station</li><li>Roof Replaced 2021</li><li>Electrical Upgraded 2025</li></ul>

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

3.48%

DSCR

0.59

Underwater

Cash-on-Cash

-8.20%

Monthly Payment

$11,379.145

Annual Cash Flow

$-56,549.741

Location & Travel Times

Similar Properties Nearby

2.88% CAP

📍

$1.35M

Class B | Apartment Building

451-453 Rollins Road, Burlingame, CA 94010

Listed by Owner · For Sale