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Multifamily

1120 Chula Vista Ave

1120 Chula Vista Ave, Burlingame, CA 94010

Listing Price: $2,300,000

Cap Rate
3.42%
Number of Units
6
GRM
14.86
Occupancy
97.0%
Price/Unit
$383,333
Price/Gross SF
$586.44
Gross SF
3,922

Investment Overview

Marcus & Millichap is pleased to present 1120 Chula Vista Avenue, a well-located six-unit apartment community in the highly desirable Burlingame market. Situated on a beautiful tree-lined street, the property offers an attractive residential setting just steps from the vibrant Broadway Avenue retail corridor - one of Burlingame’s premier shopping and dining destinations. Its prime Peninsula location places it approximately one mile north of downtown Burlingame and within close proximity to a wide array of shops, restaurants, and entertainment options.

The property consists of four (4) Studio units and two (2) 1-Bedroom x 1-Bathroom units, situated on a 5,750 square foot lot with approximately 3,922 square feet of rentable building area. The unit mix appeals to a broad tenant base, including young professionals and commuters seeking convenient access to major employment hubs. Additional amenities include three (3) garages in total, comprised of two (2) two-car garages and one (1) single-car garage, offering valuable on-site parking in a supply-constrained market.

1120 Chula Vista Avenue offers excellent commuter accessibility, located just 0.2 miles from the Broadway Caltrain Station and providing seamless connectivity between San Francisco and San Jose. The property’s proximity to major transit options makes it an ideal choice for tenants working across the Peninsula and Silicon Valley. With its desirable location, functional unit mix, and strong commuter appeal, 1120 Chula Vista Avenue represents an excellent opportunity to acquire a well-positioned asset in one of the Peninsula’s most sought-after rental markets.

Investment Highlights

  • Six (6)-Unit Apartment Community in Prime Burlingame Location
  • Three (3) Garages: Two (2) Two-Car & One (1) Single-Car Garage
  • New Roof Installed in 2021
  • Electrical System Upgraded in 2025
  • 0.2 Miles to Broadway Caltrain Station

Exclusively Listed By

Multifamily

1120 Chula Vista Ave

Listing Price: $2,300,000

Cap Rate
3.42%
Number of Units
6
GRM
14.86
Occupancy
97.0%
Price/Unit
$383,333
Price/Gross SF
$586.44
Gross SF
3,922

Investment Highlights

  • Six (6)-Unit Apartment Community in Prime Burlingame Location
  • Three (3) Garages: Two (2) Two-Car & One (1) Single-Car Garage
  • New Roof Installed in 2021
  • Electrical System Upgraded in 2025
  • 0.2 Miles to Broadway Caltrain Station

Investment Overview

Marcus & Millichap is pleased to present 1120 Chula Vista Avenue, a well-located six-unit apartment community in the highly desirable Burlingame market. Situated on a beautiful tree-lined street, the property offers an attractive residential setting just steps from the vibrant Broadway Avenue retail corridor - one of Burlingame’s premier shopping and dining destinations. Its prime Peninsula location places it approximately one mile north of downtown Burlingame and within close proximity to a wide array of shops, restaurants, and entertainment options. The property consists of four (4) Studio units and two (2) 1-Bedroom x 1-Bathroom units, situated on a 5,750 square foot lot with approximately 3,922 square feet of rentable building area. The unit mix appeals to a broad tenant base, including young professionals and commuters seeking convenient access to major employment hubs. Additional amenities include three (3) garages in total, comprised of two (2) two-car garages and one (1) single-car garage, offering valuable on-site parking in a supply-constrained market. 1120 Chula Vista Avenue offers excellent commuter accessibility, located just 0.2 miles from the Broadway Caltrain Station and providing seamless connectivity between San Francisco and San Jose. The property’s proximity to major transit options makes it an ideal choice for tenants working across the Peninsula and Silicon Valley. With its desirable location, functional unit mix, and strong commuter appeal, 1120 Chula Vista Avenue represents an excellent opportunity to acquire a well-positioned asset in one of the Peninsula’s most sought-after rental markets.

Exclusively Listed By

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