960 El Camino Real - Apartments FOR SALE


San Bruno, CA 94066
$1,795,000 USD
650-219-2987
960 El Camino Real, San Bruno, CA for Sale
$1,795,000 USD
Apartments - FOR SALE
1/10
null | 5.33% Cap Rate

960 El Camino Real
San Bruno, CA 94066


HIGHLIGHTS

  • Good floor plan layout; no stairs.
  • Coin-operated laundry on-site and ample street parking for tenant convenience.
  • Located on El Camino Real in San Bruno with strong visibility and accessibility.
  • Excellent transportation access to Highway 101, I-280, BART station, and San Francisco International Airport.
  • Close proximity and to major employment hubs like the YouTube & Google campus, as well as other Downtown retail amenities.
  • Ideal for 1031 Exchange buyers seeking a replacement property with rental upside potential.

OVERVIEW

Rare opportunity to acquire a fully occupied 5-unit multifamily property in San Bruno along the highly visible El Camino Real corridor. This stabilized asset offers strong in-place income with significant rental upside potential. The property features five (5) 1-bedroom/1-bath units totaling approximately 3,922 square feet on a 5,931 square feet lot. This classic mid-century low rise apartment building has wood-frame and stucco exterior on a concrete perimeter foundation. The property has long-term tenants, generates stable cash flow and has excellent investment potential. Priced at $1,795,000, the property generates approximately $132,720 in gross annual income and $95,615 in NOI, representing a 5.33% cap rate and 13.52 GRM. Attractive basis at approximately $359,000 per unit, making it a compelling entry point into the Peninsula multifamily market. The property is an ideal transit-oriented location with excellent visibility and investment appeal. Situated in the San Bruno Park/Tanforan submarket, the property is walking distance to San Bruno Bart Station and retail amenities. It is near the major employment hubs including Google and YouTube, and just minutes away to San Francisco International Airport. Additional features include on-site coin-operated laundry and ample street parking. With a desirable 1-bedroom unit mix and efficient operations, the property offers both immediate cash flow and long-term growth potential. Ideal for investors or 1031 exchange buyers seeking stable cash flow with potential rental upside in a prime Peninsula location.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$458 USD /SF

# OF UNITS

5

PRICE/UNIT

$359,000

CAP RATE

5.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,931 SF

ZONING

RM-R4, San Bruno

APN/PARCEL ID

020-106-220

ASK ABOUT THIS PROPERTY

Maritess ChuaINTERO Real Estate ServicesMore Info
650-219-2987

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Maritess ChuaINTERO Real Estate ServicesMore Info
650-219-2987

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.