987 Laurel Street, San Carlos, CA — listing photo 1
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FOR SALE

987 Laurel Street

San Carlos, CA 94070
1,185 Sq Ft
Built 1946
$1,400,000
Price ReducedWas $2,000,000 — $1,400,000 (-$600,000)

Property Overview

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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Home Details

Property type
Residential Income - Duplex
Year built
1946
Living area
1,185 sq ft
Lot size
3,000 sq ft
Parking
3 spaces
Stories
1
Days on market
282
MLS status
Active
Architectural style
Contemporary
Zoning
MU-N-50: retail, office,

Features & Amenities

Parking

  • Uncovered

Security

  • Window Bars

Community, Schools & Utilities

Community

View
None
Annual property tax
$20,696

Schools

School district
Other

Utilities

Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

987 Laurel Street

San Carlos, CA 94070

Frequently Asked Questions About 987 Laurel Street

Property type: Residential Income

The current asking price is $1,400,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 987 Laurel Street. Our team will confirm availability and timing.
This property offers approximately 1,185 square feet of living space. It was built in 1946. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in San Carlos, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this San Carlos property.
The MLS currently reports the property as Active. It has been listed for 282 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Alexander Kent
MLS ID: ML5106538

Available property

$1,400,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.