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

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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
Based on information from California Regional Multiple Listing Service, Inc. as of November 17, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.