960 El Camino Real 5 Unit Apartment Building $1,795,000 ($359,000/Unit) 5.33% Cap Rate San Bruno, CA 94066

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.