64 Laurel Street San Carlos, CA ^$ 5,500,000

64 Laurel Street

^$ 5,500,000

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64 Laurel Street

San Carlos, CA, 94070

^$ 5,500,000

Studio Baths0.0 Sq 3,944

Monthly Estimate*

^$ 33,864

Listed by Armando Investment

64 Laurel Street, San Carlos, CA 94070 - Image 1

64 Laurel Street, San Carlos, CA 94070 - Image 2

64 Laurel Street, San Carlos, CA 94070 - Image 3

64 Laurel Street, San Carlos, CA 94070 - Image 4

64 Laurel Street, San Carlos, CA 94070 - Image 5

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Studio

Multi-Family Home for sale in San Carlos, CA

for $5,500,000. This 3,944 square foot home was built in 1953 on a lot size of 0.1857.

Property is zoned MD-100, there are preliminary plans as reviewed by the city of San Carlos for 15 upscale condos(some with bay views). Zoning allows 14-19 units and a total of approximately 24,265 square feet of total project size. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process. The property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements. (Buyer to verify all information to their satisfaction.)

Multi-Family Active

Price

^$ 5,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 21,246

Style

Lot Size

0.1857

Year Built

1953

Town/City

San Carlos

County/Region

San Mateo

MLS | Web ID

ML82035440

Days on Market

Features

General

Living Area 3944

Cooling None

Roof Composition

Zoning RM-100

Garage Spaces 0

Year Built 1953

View Bridge(s)

Property Subtype Mixed Use

Accessibility Parking

County San Mateo

Insurance Expense 3500

Property Type Residential Income

HOA false

MaintenanceExpense 0

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions Cross Street: Hull

City San Carlos

High School District Other

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 8088

Carport Spaces 5

Carport Y/N true

Tax Annual Amount 21246

Trash Expense 1600

Virtual Tour https://listing.ewalk.com/ut/64_Laurel_Street.html https://listing.ewalk.com/bt/64_Laurel_Street.html

Standard Status Active

Occupancy Type Tenant

Year Built Source Other

Property Sub Type Additional Mixed Use

Cap Rate 1.53

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 0

Lot Size Area 8088

Number of Buildings 1

Building Area Total 3944

Lot Size Acres 0.1857

Lot Size Source Other

* Excluded Features

List By

Armando Investment

Broker

vtarmando@cs.com

Affordability Calculator

$35,635

Per Month

Monthly Principal & Interest: $33,864
Monthly Property Taxes: $1,771
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in San Carlos, CA

Average List Price ^$3,650,000

Percent of Sale Price 34%

About San Carlos, CA

28,974 Population

5% Since 2002

^$139,990 Median Income

45.87 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/19/2026	$5,500,000		Listed Price

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64 Laurel Street, San Carlos, CA, 94070 is a Multi-Family Home for sale at $5,500,000 with 3,944 sqft and a lot size of 0.1857. 64 Laurel Street is a studio with 0.0 baths and was built in 1953. The property's zip code is 94070 which is in San Carlos, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/17/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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64 Laurel Street

Multi-Family Home for sale in San Carlos, CA

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