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772-774 Walnut Street 772 Walnut St 2 Unit Apartment Building $999,999 ($500,000/Unit) 4.36% Cap Rate San Bruno, CA 94066



Investment Highlights
- Turnkey Duplex in excellent Peninsula Location
- Steps from Bart & Caltrain
- Tenants Pay All Utilities
Executive Summary
772-774 Walnut Street is a well-maintained, single-story legal duplex totaling approximately 1,362 square feet on a 2,500 square foot lot in San Bruno. Built in 1959, the property consists of two thoughtfully updated units: a one-bedroom front unit of approximately 561 square feet and a larger rear unit of approximately 801 square feet featuring one bedroom plus a fully insulated and weather sealed 240 square foot bonus room currently utilized as a second bedroom, along with a private patio and yard. Both units have been remodeled with updated kitchens and bathrooms, and each offers in-unit laundry and an enclosed garage. Strategically placed skylights fill both residences with natural light, and dual-pane windows enhance energy efficiency and comfort. Critical for investors, the tenants are responsible for all utilities, minimizing owner operating expenses. Additional site amenities include four open parking spaces, off-street parking, fenced yards, and garden areas. With its turnkey condition, strong unit mix, and low-maintenance single-story layout, 772-774 Walnut is ideally suited for the first-time investor, an owner-occupant seeking rental income to offset their mortgage, or a seasoned owner looking to add a stable, income-producing Peninsula asset to their portfolio.
Property Facts
| Price | $999,999 | Property Subtype | Apartment |
| Price Per Unit | $500,000 | Building Class | C |
| Sale Type | Investment | Building Size | 1,362 SF |
| Cap Rate | 4.36% | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1959 |
| Price | $999,999 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| Cap Rate | 4.36% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Building Size | 1,362 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1959 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $2,100 | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 020-156-140 | Improvements Assessment | $239,834 |
| Land Assessment | $641,421 | Total Assessment | $881,255 |
Property Taxes
Parcel Number
020-156-140
Land Assessment
$641,421
Improvements Assessment
$239,834
Total Assessment
$881,255
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