1028 Chula Vista Ave Burlingame, CA 94010
Burlingame Terrace Neighborhood
5
Beds
4
Baths
4,651
Sq Ft
5,750
Sq Ft Lot
Highlights
- Coin Laundry
- 3-minute walk to Broadway
- 5-minute walk to Paloma Playground
- Roosevelt Elementary School Rated A
About This Home
As of May 2025Rare opportunity to purchase a very well-maintained fourplex in Burlingame's Broadway Neighborhood. This 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
Home Type
- Multi-Family
Est. Annual Taxes
- $5,148
Year Built
- 1978
Lot Details
- 5,750 Sq Ft Lot
Parking
- 2 Car Garage
- 5 Carport Spaces
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Composition Roof
Interior Spaces
- 4,651 Sq Ft Home
- 2-Story Property
Utilities
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $116,040
Community Details
Overview
Amenities
- Coin Laundry
Building Details
- 4 Leased Units
- Gardener Expense $1,320
- Insurance Expense $1,901
- Maintenance Expense $3,857
- Other Expense $850
- Utility Expense $4,795
- Trash Expense $3,579
- Operating Expense $43,103
- Gross Income $114,519
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 1, 2016
Sold by
Schmidt Norman R and Powell Pamela S
Bought by
1028 Chula Vista Llc
Current Estimated Value
Purchase Details
Closed on
Dec 16, 2015
Sold by
Schmidt Norman R and Powell Pamela S
Bought by
Schmidt Norman R and Powell Pamela S
Purchase Details
Closed on
Aug 31, 2002
Sold by
Schmidt Patricia C
Bought by
Schmidt Patricia C
Similar Homes in Burlingame, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/07/2025 05/07/25 | Sold | $2,335,000 | -1.9% | $502 / Sq Ft |
| 02/05/2025 02/05/25 | Pending | -- | -- | -- |
| 02/03/2025 02/03/25 | For Sale | $2,380,000 | -- | $512 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,148 | $419,717 | $39,201 | $380,516 |
| 2023 | $5,148 | $403,421 | $37,680 | $365,741 |
| 2022 | $4,971 | $395,512 | $36,942 | $358,570 |
| 2021 | $4,973 | $387,758 | $36,218 | $351,540 |
| 2020 | $4,872 | $383,783 | $35,847 | $347,936 |
| 2019 | $4,773 | $376,259 | $35,145 | $341,114 |
| 2018 | $4,686 | $368,882 | $34,456 | $334,426 |
| 2017 | $4,650 | $361,650 | $33,781 | $327,869 |
| 2016 | $4,482 | $354,560 | $33,119 | $321,441 |
| 2015 | $4,460 | $349,235 | $32,622 | $316,613 |
| 2014 | $4,398 | $342,394 | $31,983 | $310,411 |
Source: Public Records
Agents Affiliated with this Home
-
Nathan Gustavson
N
Seller's Agent in 2025
Nathan Gustavson
Compass
(415) 874-5000
3 in this area
64 Total Sales
-
Cameron Foster
C
Seller Co-Listing Agent in 2025
Cameron Foster
Compass
(650) 548-9660
3 in this area
38 Total Sales
-
Rachel Ni
Buyer's Agent in 2025
Rachel Ni
Coldwell Banker Realty
(650) 455-1500
2 in this area
71 Total Sales
Map
Source: MLSListings
MLS Number: ML81992699
APN: 026-194-210
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