693 San Bruno AVE, Brisbane, CA 94005
693 San Bruno AVE, Brisbane, CA 94005
693 San Bruno AVE, Brisbane, CA 94005
693 San Bruno AVE, Brisbane, CA 94005
693 San Bruno AVE, Brisbane, CA 94005
693 San Bruno AVE, Brisbane, CA 94005
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 2,500,000
Est. payment | /mo

6,185 Sqft Lot

Save
$ 2,500,000
Est. payment | /mo
Save

6,185 Sqft Lot

Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML82031813

HOA Y/N No

Year Built 1964

Annual Tax Amount $28,375

Lot Size 6,185 Sqft

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.

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning Multifamily Residential

Interior

Heating Wall Furnace

Fireplace No

Exterior

Carport Spaces 6

Roof Type Foam

Total Parking Spaces 1

Building

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Other

Others

Tax ID 007362160

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Nate Gustavson Compass #01898316

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.