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    San Carlos, CA
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    San Carlos, CA Multifamily Properties for Sale

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    Belmont, CA Moss Beach, CA Redwood City, CA San Mateo, CA Woodside, CA Foster City, CA Menlo Park, CA Atherton, CA
    Renovated Mixed-Use Property
    Updated: Mar 7
    Renovated Mixed-Use Property

    1124 El Camino Real, San Carlos, CA 94070

    $1,995,000
    2,030 sqft 0.08 AC lot
    2030 square feet across two stories
    Renovated ground‑floor office suite with attached studio unit
    Three additional studio units on the upper level
    On‑site parking for 8 vehicles
    Located on El Camino Real in San Carlos
    View details
    Mixed-Use Building with Ground-Floor Retail
    Updated: Apr 19
    Mixed-Use Building with Ground-Floor Retail

    577 Laurel St, San Carlos, CA 94070

    $4,200,000
    5,554 sqft
    5‑unit mixed‑use building with four residential units and prominent ground‑floor commercial frontage
    Located at 577 Laurel Street in Downtown San Carlos
    Ground‑floor commercial frontage on a retail corridor in the Laurel Street dining and shopping district
    Steps from Caltrain and Highway 101
    SBA 504 financing eligible
    View details
    Well-Maintained Four-Unit Apartment
    Well-Maintained Four-Unit Apartment

    San Carlos, CA 94070

    $2,120,000
    0.17 AC lot

    Four one-bedroom, one-bath units with enclosed patios or wood decks, plus coin-operated laundry and covered parking.

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    See what stands out in San Mateo County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Townhouse-Style Duplex
    Townhouse-Style Duplex

    San Carlos, CA 94070

    $1,725,000

    Side-by-side units offer flexible owner-occupant, extended-family, or rental living arrangements.

    View details
    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 4 Active listings in San Carlos, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Two-Story Duplex
    Historic Two-Story Duplex

    1000 O Neill Street, Belmont, CA 94002

    $2,595,000
    3,023 sqft 0.41 AC lot

    Two-unit, two-story duplex with a detached two-car garage on a large lot, offering flexible parking and storage.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    217 Alden ST, Redwood City, CA 94063

    $2,500,000

    Five apartments with a two-bedroom, one-bath mix in a well-located Redwood City property near downtown and transit.

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    Renovated 17-Unit Apartment Community
    Renovated 17-Unit Apartment Community

    1617 6th Ave, Belmont, CA 94002

    Contact for pricing
    18,244 sqft 0.41 AC lot

    Recently renovated 17-unit apartment community offering studio, one-bedroom, and two-bedroom units with select in-unit washer/dryer.

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    Corner 8-Unit Apartment Building
    Corner 8-Unit Apartment Building

    1300 Arguello ST, Redwood City, CA 94063

    Contact for pricing

    Secured 8-unit building with updated kitchens and baths, dual-pane windows, and onsite coin laundry.

    View details

    Off-Market Properties in San Carlos, CA

    Consider similar Off-Market properties in San Carlos, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    580 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    580 Cedar St, San Carlos, CA 94070-2153

    $2,305,000
    Estimated value
    5,038 sqft 0.12 AC lot
    View details
    1122 Bush St
    APARTMENT HOUSE (5+ UNITS)

    1122 Bush St, San Carlos, CA 94070-2423

    $915,000
    Estimated value
    4,390 sqft 0.12 AC lot
    View details
    728 Elm St, Unit 207
    APARTMENT HOUSE (5+ UNITS)

    728 Elm St, San Carlos, CA 94070-3084

    Unit 207
    $865,000
    Estimated value
    1,010 sqft 0.03 AC lot
    View details
    798 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    798 Walnut St, San Carlos, CA 94070-3134

    $1,400,000
    Estimated value
    16,723 sqft 0.36 AC lot
    View details
    2780 Melendy Dr
    APARTMENT HOUSE (5+ UNITS)

    2780 Melendy Dr, San Carlos, CA 94070-3683

    $2,190,000
    Estimated value
    12,892 sqft 0.42 AC lot
    View details
    366 Caprino Way
    APARTMENT HOUSE (5+ UNITS)

    366 Caprino Way, San Carlos, CA 94070-2867

    $2,475,000
    Estimated value
    5,711 sqft 0.16 AC lot
    View details
    1244 Cherry St
    APARTMENT HOUSE (5+ UNITS)

    1244 Cherry St, San Carlos, CA 94070-3158

    $840,000
    Estimated value
    6,394 sqft 0.16 AC lot
    View details
    625 Cedar St
    APARTMENT HOUSE (5+ UNITS)

    625 Cedar St, San Carlos, CA 94070-8001

    $5,265,000
    Estimated value
    17,780 sqft 0.36 AC lot
    View details
    512 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    512 Walnut St, San Carlos, CA 94070-2377

    $955,000
    Estimated value
    2,800 sqft 0.36 AC lot
    View details
    1549 San Carlos Ave
    APARTMENT HOUSE (5+ UNITS)

    1549 San Carlos Ave, San Carlos, CA 94070-2175

    $7,600,000
    Estimated value
    24,992 sqft 0.68 AC lot
    View details
    728 Elm St, Unit 107
    APARTMENT HOUSE (5+ UNITS)

    728 Elm St, San Carlos, CA 94070-3055

    Unit 107
    $275,000
    Estimated value
    1,010 sqft 0.03 AC lot
    View details
    440 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    440 Walnut St, San Carlos, CA 94070-2330

    $1,910,000
    Estimated value
    6,943 sqft 0.36 AC lot
    View details
    648 Walnut St
    APARTMENT HOUSE (5+ UNITS)

    648 Walnut St, San Carlos, CA 94070-3142

    $3,500,000
    Estimated value
    6,998 sqft 0.18 AC lot
    View details
    1322 Holly St
    APARTMENT HOUSE (5+ UNITS)

    1322 Holly St, San Carlos, CA 94070-2368

    $2,705,000
    Estimated value
    5,416 sqft 0.18 AC lot
    View details
    422 Portofino Dr
    APARTMENT HOUSE (5+ UNITS)

    422 Portofino Dr, San Carlos, CA 94070-3500

    $4,260,000
    Estimated value
    9,049 sqft 0.37 AC lot
    View details
    1150 Greenwood Ave
    APARTMENT HOUSE (5+ UNITS)

    1150 Greenwood Ave, San Carlos, CA 94070-5047

    $4,040,000
    Estimated value
    4,968 sqft 0.14 AC lot
    View details
    656 Chestnut St
    APARTMENT HOUSE (5+ UNITS)

    656 Chestnut St, San Carlos, CA 94070-8418

    $725,000
    Estimated value
    7,067 sqft 0.18 AC lot
    View details
    728 Elm St, Unit 206
    APARTMENT HOUSE (5+ UNITS)

    728 Elm St, San Carlos, CA 94070-3084

    Unit 206
    $280,000
    Estimated value
    1,010 sqft 0.03 AC lot
    View details
    728 Elm St, Unit 307
    APARTMENT HOUSE (5+ UNITS)

    728 Elm St, San Carlos, CA 94070-3084

    Unit 307
    $775,000
    Estimated value
    1,010 sqft 0.03 AC lot
    View details
    728 Elm St, Unit 104
    APARTMENT HOUSE (5+ UNITS)

    728 Elm St, San Carlos, CA 94070-3055

    Unit 104
    $805,000
    Estimated value
    1,070 sqft 0.03 AC lot
    View details

    San Carlos, CA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in San Carlos, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,584 square feet of properties for sale, with an estimated market value of $10,040,000.

    Sale prices for multifamily properties in San Carlos, CA start at $1,725,000, averaging $2,510,000, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 2
    Apartment buildings 1
    Duplexes 1

    Demographics Overview

    Population 31K
    Population Growth (5Y) -1.1%
    Median Household Income $235,373

    High-Yield Neighborhoods for Investment

    Identify San Carlos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    94070 $2.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.22%
    Property Tax per SF $6.60 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Mateo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in San Mateo County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in San Carlos fall within the 2,500 to 5,000 square foot range.

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