693 San Bruno Avenue, Brisbane, CA 94005

About this commercial property

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.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$2,475,000

Sold May 2026 · listed $2,500,000, on market January 2026 · MLS #ML82031813 · Source: CRMLS

Listing Agent: Nate Gustavson · Listing Office: Compass · Contact: (415) 874-5000 · Bought with: Robert Johnston · Marcus & Millichap

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