CA
San Mateo
BRISBANE
94005
693 San Bruno Avenue
693 San Bruno Avenue, BRISBANE, CA 94005
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Listing Type
Multi Family
Listing Status
Active
39
$2,500,000

Home Details for 693 San Bruno Avenue

Price
$2,500,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
6300
Year built
1964
County
San Mateo
Garage
Days on site
39
MLS Listing#
ML82031813
Listed By: Compass - 415-874-5000
Listed By: Nate Gustavson
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.

Property Features
  • Heating Information
    • Natural Gas
    • Wall Furnace
  • Parking
    • Assigned
    • Covered
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
School Information
School Information for 693 San Bruno Avenue, BRISBANE, CA 94005
Elementary School
Brisbane Elementary
Middle School
Lipman Middle
High School
Jefferson High
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Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-02-10 15:10:27
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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