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Property is currently under construction on this one-of-a-kind opportunity to live, work or rent out the entire building!! Mixed use zoning for residential and commercial!! 1 retail storefront office downstairs which is approx. 400 sq ft and 2 large 2 bedroom optional 1 bedroom 2 bath condos which are approx. 1900 sq ft.each and a large community rooftop deck which is approx. 600 sq ft. and has mountain views. 9-foot ceilings aside from the bathroom in the condos. Retail office has 12-foot ceilings. 4 parking spaces in the garage and garage has a brand new car lift and turn table. No hoa incorporated and no hoa as of now, but future buyers could create hoa, ccr's, and potentially subdivide into 3 apn's and sell separately. Final permits will be provided at time of completion. Architectural plans provided upon request. Sump pump for water. Fire sprinkler in the whole building and sewer is connected. There are 2 furnaces for 2 condos and 1 furnace for retail store - all have AC. 3 water heaters at 65 gallons each - pump heater. 1 house meter and individual meters for 1 office and 2 condos. 400-amp panel for the whole building. Entire building is electrical / no gas.

6 Beds ⋅ ML82055910 MLS

18 Visitacion AVE, Brisbane

Listed by John Pang, 650-699-2838 from Realty One Group Extreme
(If provided) CoList: from

$2,475,000

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.

ML82031813 MLS

693 San Bruno AVE, Brisbane

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

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . 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. Properties may or may not be listed by the office/agent presenting the information.