Two-Unit Residential
For Sale
$950,000
991 Mills Avenue, San Bruno, CA 94066
ResidentialIncome, SanBruno, CA
Property Size1,052 SF
Lot Size0.06 Acres
Price / SF$903.04
Days on Market74
Property Features for 991 Mills Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R20000
Parking features
Garage, On Street
Appliances
Dishwasher, OvenRangeGas, Refrigerator, WasherDryer
Elementary school
SanBrunoParkElementary
High school
SanMateoUnionHigh
Elementary school district
SanBrunoParkElementary
High school district
SanMateoUnionHigh
Subdivision
SanBrunoParkEtc
Standard status
Active
APN
020-102-020
Size
1,052 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Water source
Public
Amenities
shared laundry
backyard
Building Details
Year built
1926
Floors in Building
2
Number of units
2
Listing Agency:
KW Advisors · Keller Williams Realty
(650) 627-3700
Listed By:
Wilson Leung · License #01904259
(650) 888-0153
Added: Aug 9
Changed: Oct 21
Last Checked: Oct 21 at 11:06PM
MLS# ML82057116
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1926, this 1,052-square-foot duplex contains two residences on a 0.0574-acre parcel. The upper unit has two bedrooms, one bathroom, an eat-in kitchen with granite counters and stainless steel appliances, hardwood flooring, recessed lighting, and a balcony. The lower unit is a studio with one bathroom. Shared laundry serves the property, and the backyard provides outdoor space. A garage and on-street parking are available. The property has R20000 zoning and public water and sewer service.
The San Bruno property is near Highway 101, Tanforan Shopping Center, Target, Lucky Supermarket, and the San Bruno BART station.
The San Bruno property is near Highway 101, Tanforan Shopping Center, Target, Lucky Supermarket, and the San Bruno BART station.
Key Highlights
- Two residences: an upper 2BD/1BA unit and a lower studio with one bathroom
- 1,052 square feet on a 0.0574‑acre parcel
- Upper unit features an eat‑in kitchen, granite countertops, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,571
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,420
$611.4K
Cap Rate 7%
$436,729
$436.7K
Cap Rate 9%
$339,678
$339.7K
Market Conditions
NOI Build-Up for 1,052 SF
Gross rent
$46.7K $44.40/SF
− Vacancy
−$3.0K −$2.89/SF
EGI
$43.7K $41.51/SF
− OpEx
−$13.1K −$12.45/SF
NOI
$30.6K $29.06/SF
Area
San Mateo County, CA
Vacancy
6.50%
Lease Rate
$44.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,420
Cap Rate 7%
$436,729
Cap Rate 9%
$339,678
Alternative Uses
Best Use
Multifamily LT 5
$436.7K
$382.1K – $509.5K
NOI $30,571 @ 7.0% cap · market cap 3.22%
Second Best
Apartment 5plus
$409.0K
$357.9K – $477.2K
NOI $28,632 @ 7.0% cap · market cap 3.01%
Theoretical Best
Warehouse
$835.6K
$731.2K – $974.9K
NOI $58,493 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,138
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - A 2BD/1BA upper residence pairs with a separate studio, shared laundry, and a backyard.
Where is this duplex located?
The property is located at 991 Mills Avenue San Bruno, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two residences: an upper 2BD/1BA unit and a lower studio with one bathroom; 1,052 square feet on a 0.0574‑acre parcel; Upper unit features an eat‑in kitchen, granite countertops, and stainless steel appliances
