987 Laurel Street, San Carlos, CA 94070
Local realty services provided by:ERA North Orange County Real Estate
987 Laurel Street,San Carlos, CA 94070
$2,000,000
- - Beds
- - Baths
- 1,250 sq. ft.
- Multi-family
- Active
Listed by: alexander kent
Office: compass
MLS#:ML82027747
Source:CRMLS
Price summary
- Price:$2,000,000
- Price per sq. ft.:$1,600
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 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.
Contact an agent
Home facts
- Year built:1946
- Listing ID #:ML82027747
- Added:1 day(s) ago
- Updated:November 17, 2025 at 05:38 AM
Rooms and interior
- Living area:1,250 sq. ft.
Heating and cooling
- Cooling:Central Air
Structure and exterior
- Roof:Tar Gravel
- Year built:1946
- Building area:1,250 sq. ft.
- Lot area:0.07 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,000,000
- Price per sq. ft.:$1,600
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