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

Listed by Compass
987 Laurel Street, San Carlos, CA 94070 - Image 1
987 Laurel Street, San Carlos, CA 94070 - Image 2
987 Laurel Street, San Carlos, CA 94070 - Image 3
987 Laurel Street, San Carlos, CA 94070 - Image 4
987 Laurel Street, San Carlos, CA 94070 - Image 5
987 Laurel Street, San Carlos, CA 94070 - Image 6
987 Laurel Street, San Carlos, CA 94070 - Image 7
987 Laurel Street, San Carlos, CA 94070 - Image 8
987 Laurel Street, San Carlos, CA 94070 - Image 9
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Studio

Single 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 0.0689.

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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Single Family Active

Price

$ 1,850,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.0689

Year Built

1946

Town/City

San Carlos

County/Region

San Mateo

MLS | Web ID

ML82027747

Days on Market

28

Features
General
Living Area 1185
Sewer PublicSewer
Cooling CentralAir
Utilities NaturalGasAvailable
Roof TarGravel
Zoning MU-N-50: retail office
Garage Spaces 0
Architectural Style Contemporary
Security Features WindowBars
Year Built 1946
View None
Property Subtype Duplex
County San Mateo
Insurance Expense 0
Property Type ResidentialIncome
HOA false
MaintenanceExpense 0
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: Morse Blvd
City San Carlos
High School District Other
MLS Area 699 - Not Defined
Lot Size Units SquareFeet
Lot Size Square Feet 3000
Carport Spaces 0
Tax Annual Amount 0
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Duplex
Cap Rate 4.98
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Interior
Flooring Laminate
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Uncovered
Water Source Public
Total Parking 3
Lot Size Area 3000
Foundation Details Slab
Number of Buildings 1
Building Area Total 1185
Lot Size Acres 0.0689
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

alex.kent@symphonic-inv.com

Email

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$11,542
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$11,542
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/9/2025$1,850,000 Listed Price

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987 Laurel Street, San Carlos, CA, 94070 is a Single Family Home for sale at $1,850,000 with 1,185 sqft and a lot size of 0.0689. 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