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1176 Laurel StreetSan Carlos, CA 94070

For Sale

$2,800,000

Smart Buyer Rebate $28,000

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.

Listed by Cole Simpson

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License #02016525

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Marcus & Millichap

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650-391-1735

Last updated August 23, 2026

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Source: MLSListings #ML82058587

Listing Facts

  • TypeMulti-family
  • NeighborhoodEl Sereno
  • Days on Prevu26
  • Taxes$31,250/year
  • Size2,080 sqft
  • Price per sqft$1,346

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

08/21/2026
Listed by Marcus & Millichap
$2,800,000
  1. 08/21/2026$2,800,000
    Listed by Marcus & Millichap

Property Details for 1176 Laurel Street

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Flat
  • Year Built: 1955
  • Year Built Details: 6

Measurements

  • Building Area Total: 2,080
  • Lot Size Area: 4,900
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,900
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: -1.38
  • Operating Expense Includes: Maintenance, Utilities

Taxes

  • Parcel Number: 051343170
  • Tax Annual Amount: $31,250.00

Interior

Measurements

  • Living Area: 2,080

Parking

Parking

  • Carport: Yes
  • Parking Features: Parking Area
  • Parking Total: 4

Schools

Elementary School

  • Elementary School District: San Carlos Elementary

High School

  • High School District: Sequoia Union High

Utilities

Equipment

  • Heating: Gas
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1176 Laurel Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 1176 Laurel Street.

What are the annual taxes for 1176 Laurel Street?

Annual taxes for this multi-family home are estimated at $31,250.

How does 1176 Laurel Street compare to other multi-family homes in El Sereno?

This multi-family home is listed 0% below the average price for multi-family homes in El Sereno and has been on the market for 183 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,080 sqft.

1176 Laurel Street is a -bedroom multi-family home for sale in San Carlos CA 94070. Listed on Prevu for 26 days at $2,800,000. This property features 2,080 square feet of living space, located in El Sereno. The median listing price for multi-family homes in this area is $2,898,000. The home offers pets allowed and parking. Explore more multi-family home listings in San Carlos.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 08/23/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data Services by Constellation Data Labs. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.