577 Laurel Street, San Carlos, CA 94070
- $4,200,000
- 8
- BD
- 8
- BA
- 5,554
- SqFt
- List Price
- $4,200,000
- Price Change
- ▼ $700,000 1782876332
- MLS#
- 426131192
- Property Type
- Multifamily
- Bedrooms
- 8
- Bathrooms
- 8
- Sqft. of Residence
- 5,554
- Lot Size
- 3,900
- Region
- San Carlos
- Status
- ACTIVE
- County
- San Mateo
- Acres
- 0.09
- Year Built
- 2003
- Parking Spaces
- 6
Property Description
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.
Additional Information
- Living Area
- 5,554
- Lot Size
- 3,900
- Region
- San Carlos
- Units
- 5
- Utilities
- Common Area Meter, Separate Meters (See Remarks)
- Zoning
- MU-DC-100
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Listing courtesy of Compass.