Single-Story Legal Duplex with Separate
New
For Sale
$1,000,000
772 Walnut St, San Bruno, CA 94066
Remodeled two-unit duplex with in-unit laundry, enclosed garages, dual-pane windows, and separate utility metering for each unit.
Days on Market2
Property Features for 772 Walnut St
General Information
Standard status
Active
Property subtype
Multifamily
Amenities
Turnkey Duplex
Tenants Pay All Utilities
Steps from Bart & Caltrain
Building Details
Building Size
1,362 SF
Listing Agency:
Marcus & Millichap
(415) 625-2159
Listed By:
Sam Runco · License #License(s): CA: 01977683
(415) 625-2159
Source:
Marcusmillichap
Added: Jul 30
Changed: Jul 31
Last Checked: Jul 31 at 6:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
772-774 Walnut Street is a well-maintained, single-story legal duplex totaling approximately 1,122 square feet on a 2,500 square foot lot in San Bruno. Built in 1959, the property includes two updated units: a one-bedroom front unit of approximately 561 square feet and a larger rear unit of approximately 801 square feet with one bedroom plus a fully insulated and weather-sealed 240 square foot bonus room currently utilized as a second bedroom. Both units include updated kitchens and bathrooms, in-unit laundry, skylights, and dual-pane windows.
Each unit is fully separately metered for electric, gas, and water, with tenants responsible for utilities, which can help minimize owner operating expenses. The property also features a private rear patio and yard for the rear unit, an enclosed garage for each unit, and a wireless security system. Additional amenities include four open parking spaces, off-street parking, fenced yards, and garden areas.
With a 4.36% cap rate, 772-774 Walnut Street offers a straightforward two-unit setup with independently metered utilities and low-maintenance single-story living.
Each unit is fully separately metered for electric, gas, and water, with tenants responsible for utilities, which can help minimize owner operating expenses. The property also features a private rear patio and yard for the rear unit, an enclosed garage for each unit, and a wireless security system. Additional amenities include four open parking spaces, off-street parking, fenced yards, and garden areas.
With a 4.36% cap rate, 772-774 Walnut Street offers a straightforward two-unit setup with independently metered utilities and low-maintenance single-story living.
Key Highlights
- Approximately 1,122 SF legal duplex on a 2,500 SF lot
- Two remodeled units: 561 SF front 1BR and 801 SF rear 1BR plus 240 SF bonus room
- Built in 1959, single‑story layout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.5k | $44.40 |
| − Vacancy | −$3.9k | −$2.89 |
| EGI | $56.5k | $41.51 |
| − OpEx | −$17.0k | −$12.45 |
| NOI | $39.6k | $29.06 |
1,362 SF · lease $44.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$565.4K
$494.7K – $659.7K
NOI $39,579 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$529.6K
$463.4K – $617.8K
NOI $37,070 @ 7.0% cap · market cap 3.71%
Theoretical Best
Warehouse
$1.08M
$946.6K – $1.26M
NOI $75,730 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,909
Businesses Nearby
Explore this area
Business Placement
Demographics for 94066, CA
44,147
Population
16,736
Households
2.6
Avg Household Size
40
Median Age
44%
College-Educated
90%
High-School Grad
6.1 sq mi
ZIP Area
7,237
Density / Sq Mi
$135,976
Median Household Income
$66,057
Median Earnings
$2,696
Median Rent
$1,199,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Remodeled two-unit duplex with in-unit laundry, enclosed garages, dual-pane windows, and separate utility metering for each unit.
Where is this duplex located?
The property is located at 772 Walnut St San Bruno, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 1,122 SF legal duplex on a 2,500 SF lot; Two remodeled units: 561 SF front 1BR and 801 SF rear 1BR plus 240 SF bonus room; Built in 1959, single‑story layout
