9 months on rocket

1028 Chula Vista Ave, Burlingame, CA, 94010

$2,480,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,651 SqFt
$533/SqFt
Multi

Location

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1028 Chula Vista Ave, Burlingame$2,480,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport
Garage2 spaces
Year Built1978
HeatingElectric
CoolingNone
MLS #ML81958303
Lot Size0.13 Acres
StatusActive

About 1028 Chula Vista Ave

Rare opportunity to purchase a well-maintained fourplex in Burlingame's Broadway Neighborhood. This 1978 fourplex, located just a block-and-a half from Broadway, has a unit mix of (1) 2-Bedroom/1-Bathroom unit and (3) 1-Bedroom/1-Bathroom units. Unit 1 has a spacious, private backyard, Units 2 and 3 have been remodeled in 2022 and 2019, respectively. All four units have garbage disposals and dishwashers. The three spacious upstairs units (2, 3, 4) have vaulted ceilings with high vertical windows offering abundant natural light. There are dual pane windows in 3 of the 4 units and an abundance of parking with 5 carports, and a large private two-car garage. All units have storage and access to the on-site coin-operated laundry room. Sewer lateral compliance certified in 2023, and a new water heater was installed in 2023. Steps away from shopping, groceries, and restaurants on Broadway, 1 mile from Hwy 101 onramp, and 3 blocks from CalTrain station for convenient commuting up and down the Bay. This is a great opportunity for generational income property in one the nicest sub-markets on the Peninsula.

Property Details

Property Features

Property Information:

  • Year Built: 1978
  • Stories: 2
  • Living Area: 4,651 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 874-5000
  • Listing Agent: Nate Gustavson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Refrigerator
  • Flooring Type: Carpet, Laminate

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street: Broadway

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,480,000
  • Price Per SqFt: $533/SqFt

Tax Information:

  • Annual Amount: $4,872
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Burlingame, CA.

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Burlingame, CA

City

Med. Sold Price

$2.6M

Med. Price/SqFt

$1,329

Avg. Days On Market

20

# of Sold Homes

18

1028 Chula Vista Ave vs Burlingame

272 DAYS ON ROCKET

+252 Days

$2,480,000

-$215K Less

$533/SqFt

-$797 Less

KEY TAKEAWAY

This property is $215K less than the Median Sold Price and $797/SqFt less than other homes in Burlingame, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81958303

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 874-5000
  • Listing Agent: Nate Gustavson

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 12:21:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,872$387,758
2020$4,772$383,783
2019$4,685$376,259
2018$4,686$368,882
2017$4,650$361,650

History based on county public records data.

Payment Calculator

$12.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,502

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4529597
7
/10

  • McKinley Elementary School

  • 701 Paloma Ave

  • 0.51 miles

  • Public District Grades KG-5

school-card-donut-4529598
6
/10

  • Roosevelt Elementary School

  • 1151 Vancouver Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-4529599
8
/10

  • Lincoln Elementary School

  • 1801 Devereux Dr

  • 0.96 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $96,144. Typical income of Burlingame, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Mateo County›Burlingame›94010›1028 Chula Vista Ave

This home is located at 1028 Chula Vista Ave in Burlingame, CA and zip code 94010 in the Burlingame Terrace neighborhood. This 4,651 square foot home, which was built in 1978, sits on a 0.13 acre lot. It has been listed on Rocket Homes since March 20, 2024 and is currently priced at $2,480,000.

Burlingame, CA housing market in November 2024 saw over 8 listings sold above listed price, more than 3 sold at listed price and over 6 sold below. The inventory of homes for sale in Burlingame, CA between October 2024 and November 2024 decreased by 6.8%. While the average time on the market in November 2024 was 20 days, the median list price was $2,695,000.

From Rocket Homes Real Estate and based on county public records data.

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