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128 Elm Street, San Carlos
$2,000,000
426172805 MLS
128-140 Elm Street, a 4-unit apartment community in San Carlos, CA. Located half a mile from downtown San Carlos, the property places residents within walking distance of Laurel Street's restaurants and shops and approximately half a mile from the San Carlos Caltrain Station, which provides direct rail service to San Francisco and San Jose. Boasting a Walk Score of 85, the property also sits less than half a mile from El Camino Real and approximately one mile from U.S. 101, with Natera's San Carlos campus (approximately one mile) and Oracle's Redwood Shores campus (approximately two miles) among the major employers within a short commute. Comprising (4) One-Bedroom, One-Bathroom units, each with a private garage and separately metered gas and electricity, the property offers over 15% in potential rent growth, with in-place rents averaging $2,420 per unit against a projected market rent of $2,800. The resulting $380 monthly gap per unit equates to a 13.57% loss-to-lease and $18,240 in annual revenue upside. With all four units on month-to-month tenancies and no local rent control ordinance in San Carlos, 128-140 Elm Street offers investors a clear path to income growth and presents an owner-user

128 Elm Street, San Carlos

Listing courtesy of Matthew Flaherty, from Colliers International
(If provided) CoList: from

112 Elm ST, San Carlos
$2,000,000
3 Beds ⋅ ML82065619 MLS
112 Elm Street is a rarely available 4-unit apartment building located in the highly desirable city of San Carlos. Situated on a 6,400 square foot parcel of land, the subject property was originally constructed in 1947 and has a gross building area of approximately 4,352 square feet, and is walking distance to San Carlos' vibrant Downtown. The property features garage parking for each unit and washer and dryer hookups. Two units have private back yards.

112 Elm ST, San Carlos

Listing courtesy of Juan De Leon, 415-305-6275 from Compass
(If provided) CoList: from

20 Devonshire Boulevard, San Carlos
$220,000
426165831 MLS
Located in the San Carlos hills and steeped in local history, Devonshire little store is now available!n This market has been in business since 1935. With its classic architecture and location (Devonshire Little store is located, a mile away from the next closest business) surrounded by apartment buildings, homes, and many schools, this neighborhood market has been a favorite for San Carlos hills residents needing last-minute liqur/beer/wine/grocery items. This little store is ready for a new buyer with a vision to take over and continue the rich history of serving the needs of the local community. Remodeled and ready to go!

20 Devonshire Boulevard, San Carlos

Listing courtesy of Alex Y Dabit, from The Trafton Group
(If provided) CoList: from

1176 Laurel ST, San Carlos
$2,700,000
4 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: Justin Fink from Marcus & Millichap
1176 Laurel ST, San Carlos
$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
577 Laurel Street, San Carlos
$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. Downtown San Carlos features outstanding Walk Score, top-rated schools, and a thriving commercial corridor. Seller financing is available.

577 Laurel Street, San Carlos

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

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