1122 Bush Street, San Carlos, CA 94070
Updated apartments with hardwood floors, double-pane vinyl windows, and coin-operated laundry facilities in San Carlos.
- Added:
- Jan 26, 2026
- Days on Market:
- 160
- Last Refresh:
- Jun 24 at 2:00 am
Property Features for 1122 Bush Street
General Information
- Standard status
- Active
- Size
- 4,390 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1958
Listing office Coldwell Banker Realty (650) 868-2402
Listing date Jan 26, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
HighLights
- 4,390 sq ft living space in San Carlos; built in 1958
- Well‑equipped kitchen includes built‑in oven, electric cooktop, quartz countertops, and 220‑volt outlet
- Hardwood flooring throughout and double‑pane vinyl windows
- Composition shingle roof is about 5 years old
- Central forced air gas heating
- Coin‑operated laundry facilities and a common BBQ area
Overview
Located in San Carlos, the property sits within the San Carlos Elementary School District. The offering presents an opportunity to acquire a maintained income-producing asset in a residential school-district setting.
For investors or owner-users considering a San Carlos multifamily purchase, the mix of practical in-unit features, newer roofing, and established building amenities like on-site coin laundry and a shared BBQ area supports day-to-day livability while keeping operating considerations relatively straightforward.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $229.2k | $52.20 |
| − Vacancy | −$11.9k | −$2.71 |
| EGI | $217.2k | $49.49 |
| − OpEx | −$97.8k | −$22.27 |
| NOI | $119.5k | $27.22 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Carlos
- County
- San Mateo
- State
- California
- Longitude
- -122.2630548
- Latitude
- 37.5089644
