1761 Laurel Street San Carlos, CA $ 1,800,000
1761 Laurel Street
$ 1,800,000
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1761 Laurel Street

San Carlos, CA, 94070
$ 1,800,000
Baths0.0 Sq 2,900

Monthly Estimate*

$ 11,230

Listed by Compass
1761 Laurel Street, San Carlos, CA 94070 - Image 1
1761 Laurel Street, San Carlos, CA 94070 - Image 2
1761 Laurel Street, San Carlos, CA 94070 - Image 3
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Studio

Multi-Family Home for sale in San Carlos, CA

for $1,800,000. This 2,900 square foot home was built in 1978 on a lot size of 0.1148.

Office Building with Multi-Family Residential+ Zoning. For Lease, Sale or JV. Permitted: Office Business Professional, Medical Dental Office, General Personal Service, Multi-Unit Residential, Family Child Care, Day Care, Adult Day Care, Trade School, Community Assembly, Church, Instructional, Private School w CUP, Grooming or Pet Store, Veterinary w CUP, Restaurant, Bar w CUP, Hotel, Convenience or Grocery, Retail. MU-SB-100: Mixed-Use South Boulevard: Could go 60 ft or 5 stories with existing zoning codes, new state laws could potentially go higher depending on transit assessment. Building is 49 ft wide and 57 ft deep. There is an existing tenant, who has a right of first refusal on a sale, but has stated that they don't intend to exercise it, and an option to extend the lease 2 years past their 3/31/26 expiration, which they've stated they intend to exercise. For buyers, investors that want a leased investment, or a mixed use or residential development opportunity, with in place lease income, this is a positive scenario. As-Is sale. New roof. Current office layout interior has many private offices, conference rooms that could be used as into bedrooms. Buyer to inspect as desired.

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Multi-Family Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 9,848

Style

Lot Size

0.1148

Year Built

1978

Town/City

San Carlos

County/Region

San Mateo

MLS | Web ID

ML82027813

Days on Market

28

Features
General
Living Area 2900
Sewer Public Sewer
Cooling Central Air
Roof Tar/Gravel
Appliances Refrigerator
Zoning MU-SB-100
Garage Spaces 5
Architectural Style Tudor
Year Built 1978
Property Subtype Duplex
Accessibility Other
County San Mateo
Insurance Expense 4000
Property Type Residential Income
HOA false
MaintenanceExpense 3600
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Cross Street: St. Francis
City San Carlos
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 0
Tax Annual Amount 9848
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Other
Property Sub Type Additional Duplex
Cap Rate 5.37
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 4
Lot Size Area 5000
Number of Buildings 1
Building Area Total 2900
Lot Size Acres 0.1148
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

alex.kent@symphonic-inv.com

Email

Affordability Calculator

$12,050
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,230
Monthly Property Taxes
$821
Monthly Home Insurance
--
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/26/2025$1,800,000 -7.69% Price Down
11/20/2025$1,950,000 Listed Price

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1761 Laurel Street, San Carlos, CA, 94070 is a Multi-Family Home for sale at $1,800,000 with 2,900 sqft and a lot size of 0.1148. 1761 Laurel Street is a studio with 0.0 baths and was built in 1978. The property's zip code is 94070 which is in San Carlos, CA