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.
MLS #
ML82031813
MLS Source
MLSListings, Inc.
Days on Site
11
Kitchen
Countertop - Marble, Varies by Unit
Appliances
Cooktop - Electric, Dishwasher, Hood Over Range, Oven - Electric
Laundry
Coin Operated
Cooling
Ceiling Fan
Heating
Gas, Wall Furnace
Roof
Foam, Polyurethane
Foundation
Concrete Perimeter and Slab
Garage/Parking
Assigned Spaces, Covered Parking, Garage: 0 Car(s)
Elementary District
Brisbane Elementary
High School District
Jefferson Union High
Sewer
Public Sewer
Water
Public
Zoning
Multifamily Residential
Listing Agent
Nate Gustavson
Compass
License #: 01898316
Phone: (415) 786-9410
Co-Listing Agent
Cameron Foster
License #: 00972394
Phone: (415) 699-6168
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 7 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 600 | 1 | 1/0 | $2,150 | $2,750 | 6 |
| 2 | 650 | 1 | 1/0 | $2,225 | $2,225 | 1 |
693 San Bruno Ave is a Residential Income in Brisbane, CA 94005. This 6,300 square foot property sits on a 6,186 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,500,000 and was built in 1964. This address can also be written as 693 San Bruno Ave, Brisbane, CA 94005.
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This listing information is up-to-date as of January 24, 2026. For the most current information, please contact Nate Gustavson, (415) 786-9410