For Lease
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Property summary
This exceptional mixed-use property in downtown San Carlos, CA, presents a unique owner-user or investment opportunity. The 1,700 square foot building, constructed in 1950, sits on a 1,016 square foot lot (APN 051-344-040) and is zoned MU SB 100. The property features a stylish retail showroom on the ground floor, currently operating on a month-to-month lease, offering flexibility for future plans. Above the retail space is a remodeled, spacious two-bedroom, one-bathroom apartment with abundant natural light from skylights and large windows. The apartment includes central heating and air conditioning, in-unit laundry, and a fully equipped kitchen with a dishwasher. Additional storage is available on the first floor. The apartment is currently vacant. The asking price is $1,300,000, resulting in a price per square foot of $764.71. This prime Laurel Street location is within walking distance of shopping, dining, and entertainment, offering easy access to Silicon Valley and the San Francisco Bay Area. The property is currently 50% occupied. This is a rare opportunity to own a mixed-use property in a highly desirable San Carlos location.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Furniture & Home Goods
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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