693 San Bruno AVE, Brisbane, CA 94005
- $2,475,000
- 6,300
- SqFt
Listed by Nate Gustavson, 415-786-9410 from Compass
(If provided) CoList: Cameron Foster from Compass
Sold listing courtesy of Robert Johnston from M&MKW
- Sold Price
- $2,475,000
- List Price
- $2,500,000
- Closing Date
- May 27, 2026
- MLS#
- ML82031813
- Status
- SOLD
- Sqft. of Residence
- 6,300
- Lot Size
- 6,186
- Listing Area
- Brisbane
- Year Built
- 1964
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.
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Additional Information
- Cooling System
- Ceiling Fan
- Days On Market
- Unknown
- Energy Features
- Solar Power
- Foundation
- Concrete Perimeter and Slab
- Garage Parking
- Assigned Spaces, Covered Parking
- Heating System
- Gas, Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 6,300
- Lot Size
- 6,186
- Neighborhood
- Brisbane
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Foam, Polyurethane
- Sewer
- Sewer - Public, Sewer Connected
- Unincorporated Yn
- Yes
- View
- Hills, View of Mountains
- Zoning
- Multifamily Residential
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