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$2,800,000
3 Beds ML82058587 MLS
Prime mixed-use opportunity in the heart of San Carlos, ideally positioned along Laurel Street and El Camino Real. The entire building will be delivered vacant, offering an owner-user or investor the flexibility to occupy, lease, or reposition the property. Situated on a 4,905-square-foot lot, the approximately 2,080-square-foot building features a remodeled ground-floor one-bedroom/one-bathroom residential unit, along with a vacant retail hair salon space. The second floor offers a spacious two-bedroom/one-bathroom residence that has been fully remodeled with high-end finishes. Additional features include convenient rear parking and a private patio serving the upstairs residence. Located in San Carlos, known as The City of Good Living, the property benefits from the citys desirable Peninsula location, excellent climate, strong residential appeal, and vibrant downtown. Residents and tenants enjoy easy access to Downtown San Carlos, with an array of restaurants, cafes, shopping, and entertainment options within walking distance. With its flexible mixed-use configuration, vacant delivery, remodeled interiors, parking, and highly desirable location, 1176 Laurel St presents a compelling opportunity in one of the Peninsulas most sought-after communities.

1176 Laurel ST, San Carlos

Listing courtesy of Cole Simpson, 650-391-1735 from Marcus & Millichap
(If provided) CoList: from

$2,800,000
ML82052371 MLS
1176 Laurel St is a well-situated mixed-use investment opportunity located in the thriving city of San Carlos, California. The subject property is situated on a 4,905 square foot parcel of land and features a gross building area of approximately 2,080 square feet. Additionally, the subject property offers convenient rear parking, while the two-bedroom unit boasts a private patio for added comfort and outdoor enjoyment. Known as "The City of Good Living," San Carlos is notorious for its excellent climate and great location along the Peninsula. 1176 Laurel St rests in the heart of San Carlos along El Camino Real. The subject property is ideally located on Laurel St within walking distance of Downtown San Carlos, offering renters a myriad of dining, shopping, and entertainment options. Renters at 1176 Laurel St enjoy convenient access to major transportation corridors including El Camino Real, the San Carlos Caltrain, U.S. Route 101, and Interstate 280. The subject property is also located within close proximity to many of the nation's top employers including Apple, Google, Netflix, Uber, Meta, Intuit, LinkedIn, and many others.

1176 Laurel ST, San Carlos

Listing courtesy of Adam S. Levin, 650-492-0934 from Marcus & Millichap
(If provided) CoList: Robert Johnston from Marcus & Millichap

$4,200,000
8 Beds 8 Baths 426131192 MLS
Rare opportunity to acquire a 5-unit mixed-use building in the heart of Downtown San Carlos. 577 Laurel Street combines four (4) large 2 bedroom/2 bathroom residential units with a ground-floor commercial unit on one of the Peninsula's most coveted retail corridors, steps from Caltrain, Highway 101, and the Laurel Street dining and shopping district. Well-suited for 1031 exchange buyers seeking trophy Peninsula real estate with low maintenance, family offices building generational holds, value-add operators, or owner-users looking to occupy the commercial space and offset debt with residential income (SBA 504 financing eligible). Downtown San Carlos features outstanding Walk Score, top-rated schools, and a thriving commercial corridor.

577 Laurel Street, San Carlos

Listing courtesy of Marco Barretto, from Compass
(If provided) CoList: from

$1,400,000
ML82027747 MLS
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.

987 Laurel ST, San Carlos

Listing courtesy of Alexander Kent, 650-793-0541 from Compass
(If provided) CoList: from

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