693 San Bruno AVE, Brisbane, CA 94005
$2,475,000
$2,500,000
1.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

6,185 Sqft Lot

693 San Bruno AVE Brisbane, CA 94005

Est. payment /mo
SOLD DATE : 05/27/2026

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $2,475,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML82031813

Year Built 1964

Annual Tax Amount $28,375

Lot Size 6,185 Sqft

Property Description

Excellent opportunity to acquire a well-maintained and partially renovated 7-unit multifamily property in the heart of Brisbane, known as the City of Stars. Built in 1964, this apartment complex consists of (6) one-bedroom/one-bath units and (1) two-level loft-style one-bedroom/one-bath unit, totaling approximately 6,300 sqft. The building has undergone significant capital improvements including General Electric breakers, solar installation (2020 - no PG&E bill), new thermal foam roof (2020), and a new electric hot water system. Four (4) units have been FULLY REMODELED, and SB-721 report has been recently completed. - Current ownership has maintained strong operations with an annual NOI of approximately $152,000, a 6.10% Cap Rate, and a 12.12 GRM based on in-place income. On-site laundry includes two coin-operated washers and two dryers for additional income. Centrally located with easy access to Highway 101, San Francisco, Silicon Valley, and Serramonte Shopping Center, this property offers a compelling blend of stable cash flow, long-term appreciation, and future upside through continued renovations and rent growth. Some of the photos in this listing have been digitally altered.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning Multifamily Residential

Interior

Heating Wall Furnace

Exterior

Roof Type Foam

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Special Listing Condition Standard

Read Less


CRMLS Full IDX Feed (MAIN Website Search)
Listed by Nate Gustavson Compass #01898316
Bought with Robert Johnston Marcus & Millichap

NEARBY SCHOOLS & BUSINESSES

GET MORE INFORMATION

Toni DeJournett

Toni DeJournett

Agent | License ID: 02202690

+1(206) 419-9011

Name
Phone*
Message