987 Laurel Street, San Carlos, CA 94070

San Carlos
Local realty services provided by:ERA North Orange County Real Estate
987 Laurel Street,San Carlos, CA 94070
$1,850,000
  • - Beds
  • - Baths
  • 1,185 sq. ft.
  • Multi-family
  • Active
Listed by: alexander kent
Office: compass415-660-9955
MLS#:ML82027747
Source:CRMLS

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$1,561.18

About this home

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...

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Home facts

  • Year built:1946
  • Listing ID #:ML82027747
  • Added:181 day(s) ago
  • Updated:May 17, 2026 at 10:48 AM

Rooms and interior

  • Flooring:Laminate
  • Living area:1,185 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Tar Gravel
  • Year built:1946
  • Building area:1,185 sq. ft.
  • Lot area:0.07 Acres
  • Architectural Style:Contemporary
  • Foundation Description:Slab

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$1,561.18

Parking

  • Total parking spaces:3
  • Parking description:Uncovered
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