1176 Laurel Street San Carlos, CA $ 2,800,000
1176 Laurel Street
$ 2,800,000
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1176 Laurel Street

San Carlos, CA, 94070
$ 2,800,000
Baths0.0 Sq 2,080

Monthly Estimate*

$ 17,679

Listed by Marcus & Millichap
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Studio

Multi-Family Home for sale in San Carlos, CA

for $2,800,000. This 2,080 square foot home was built in 1955 on a lot size of 0.1125.

Prime mixed-use opportunity in the heart of San Carlos, ideally positioned along Laurel Street and El Camino Real. The entire building will be delivered vacant, offering an owner-user or investor the flexibility to occupy, lease, or reposition the property. Situated on a 4,905-square-foot lot, the approximately 2,080-square-foot building features a remodeled ground-floor one-bedroom/one-bathroom residential unit, along with a vacant retail hair salon space. The second floor offers a spacious two-bedroom/one-bathroom residence that has been fully remodeled with high-end finishes. Additional features include convenient rear parking and a private patio serving the upstairs residence. Located in San Carlos, known as The City of Good Living, the property benefits from the citys desirable Peninsula location, excellent climate, strong residential appeal, and vibrant downtown. Residents and tenants enjoy easy access to Downtown San Carlos, with an array of restaurants, cafes, shopping, and entertainment options within walking distance. With its flexible mixed-use configuration, vacant delivery, remodeled interiors, parking, and highly desirable location, 1176 Laurel St presents a compelling opportunity in one of the Peninsulas most sought-after communities.

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Multi-Family Active

Price

$ 2,800,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 31,250

Style

Lot Size

0.1125

Year Built

1955

Town/City

San Carlos

County/Region

San Mateo

MLS | Web ID

ML82058587

Days on Market

4

Features
General
Living Area 2080
Sewer Public Sewer
Cooling None
Roof Flat
Zoning COMM
Garage Spaces 0
Year Built 1955
Property Subtype Triplex
Accessibility None
County San Mateo
Insurance Expense 3000
Property Type Residential Income
HOA false
MaintenanceExpense 2000
Garage Y/N false
Special Listing Conditions Standard
Status Active
City San Carlos
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 4900
Carport Spaces 0
Tax Annual Amount 31250
Trash Expense 0
Virtual Tour https://my.matterport.com/show/?m=i57F3FQbMi4&brand=0 https://my.matterport.com/show/?m=nrnNFYgo5tg
Standard Status Active
Occupancy Type Vacant
Year Built Source Other
Property Sub Type Additional Triplex
Cap Rate -1.38
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Interior
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 4900
Number of Buildings 1
Building Area Total 2080
Lot Size Acres 0.1125
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

cole.simpson@marcusmillichap.com

Email

Affordability Calculator

$20,284
Per Month
87%
13%
0%
Monthly Principal & Interest
$17,679
Monthly Property Taxes
$2,604
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/21/2026$2,800,000 Listed Price

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1176 Laurel Street, San Carlos, CA, 94070 is a Multi-Family Home for sale at $2,800,000 with 2,080 sqft and a lot size of 0.1125. 1176 Laurel Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 94070 which is in San Carlos, CA