987 Laurel Street San Carlos, CA $ 1,850,000
987 Laurel Street
$ 1,850,000
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987 Laurel Street

San Carlos, CA, 94070
$ 1,850,000
Baths0.0 Sq 1,185

Monthly Estimate*

$ 11,542

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Studio

Multi-Family Home for sale in San Carlos, CA

for $1,850,000. This 1,185 square foot home was built in 1946 on a lot size of 0.068871.

This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.

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Multi-Family Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Duplex

Lot Size

0.068871

Year Built

1946

Town/City

San Carlos

County/Region

San Mateo

MLS | Web ID

ML82027747

Features
General
Living Area 1185
Sewer Public Sewer
Heating Forced Air
Roof Tar/Gravel
Zoning MU-N
Year Built 1946
Property Subtype Duplex
County San Mateo
Property Type Residential Income
HOA N
Status Active
City San Carlos
High School District Sequoia Union High
MLS Area Listing
Lot Size Square Feet 3000
Standard Status Active
Elementary School District San Carlos Elementary
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Interior
Flooring Laminate
Heating Y/N Yes
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Exterior
Lot Size Area 3049.2
Building Area Total 1185
Lot Size Acres 0.07
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Internal Only
Street Number 1 987
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* Excluded Features
List By
Alexander Kent

Listing Agent

Compass

Broker

alex.kent@symphonic-inv.com

Email

Affordability Calculator

$11,542
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,542
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3924365 Elementary School
3924367 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$1,850,000 -7.50% Price Down
11/16/2025$2,000,000 Listed Price

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987 Laurel Street, San Carlos, CA, 94070 is a Multi-Family Home for sale at $1,850,000 with 1,185 sqft and a lot size of 0.068871. 987 Laurel Street is a studio with 0.0 baths and was built in 1946. The property's zip code is 94070 which is in San Carlos, CA