For Sale
$1,300,000

1191 Laurel StSan Carlos, CA 94070

Downtown San Carlos investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional mixed-use property in downtown San Carlos, CA, presents a unique owner-user or investment opportunity. The 1,700 square foot building, constructed in 1950, sits on a 1,016 square foot lot (APN 051-344-040) and is zoned MU SB 100. The property features a stylish retail showroom on the ground floor, currently operating on a month-to-month lease, offering flexibility for future plans. Above the retail space is a remodeled, spacious two-bedroom, one-bathroom apartment with abundant natural light from skylights and large windows. The apartment includes central heating and air conditioning, in-unit laundry, and a fully equipped kitchen with a dishwasher. Additional storage is available on the first floor. The apartment is currently vacant. The asking price is $1,300,000, resulting in a price per square foot of $764.71. This prime Laurel Street location is within walking distance of shopping, dining, and entertainment, offering easy access to Silicon Valley and the San Francisco Bay Area. The property is currently 50% occupied. This is a rare opportunity to own a mixed-use property in a highly desirable San Carlos location.

Highlights

  • $1,300,000 asking price for a mixed-use property in downtown San Carlos, CA.
  • 1,700 square feet, with 1,700 square feet of net rentable space, resulting in a price per square foot of $764.71.
  • The property features a ground floor retail space currently 50% occupied (month-to-month lease) and a remodeled 2-bedroom, 1-bathroom apartment above.
  • Located on Laurel Street in San Carlos, offering walkability to amenities and easy access to Silicon Valley and the San Francisco Bay Area.

Property Details for 1191 Laurel St

Property type
Mixed-use properties
Square Feet
1,700 SF
Year Built
1950
Buildings
1
Stories
2
Units
2

Location Insight

City
San Carlos
County
San Mateo
State
California
Latitude
37.49902766
Longitude
-122.25224415
1191 Laurel St, San Carlos, California

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1191 Laurel St
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