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577 Laurel StreetSan Carlos, CA 94070

For Sale

$4,900,000

Smart Buyer Rebate $49,000

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.

Listed by Marco Barretto

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License #02078316

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Compass

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2720059

Last updated June 04, 2026

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Source: SFAR #426131192

Listing Facts

  • TypeMulti-family
  • NeighborhoodCordes
  • Days on Prevu34
  • Size5,554 sqft
  • Price per sqft$882

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

05/14/2026
Listed by Compass
$4,900,000

Property Details for 577 Laurel Street

Exterior

Construction

  • Number Of Units Total: 5
  • Year Built: 2003

Measurements

  • Lot Size Acres: 0.08
  • Lot Size Source: Assessor Agent-Fill
  • Lot Size Square Feet: 3,900
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 0.34

Taxes

  • Parcel Number: 050-074-170

Interior

Measurements

  • Living Area: 5,554
  • Living Area Source: Assessor Auto-Fill

Rooms

  • Rooms Total: 20

Parking

Parking

  • Parking Features: Covered
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Varies By Unit
  • Heating: Central
  • Laundry Features: In Each Unit, Varies By Unit

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 577 Laurel Street.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 577 Laurel Street.

How does 577 Laurel Street compare to other multi-family homes in Cordes?

This multi-family home is listed 11% below the average price for multi-family homes in Cordes and has been on the market for 11 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 5,554 sqft.

577 Laurel Street is a -bedroom multi-family home for sale in San Carlos CA 94070. Listed on Prevu for 34 days at $4,900,000. This property features 5,554 square feet of living space, located in Cordes. The median listing price for multi-family homes in this area is $2,291,500. The home offers pets allowed and parking. Explore more multi-family home listings in San Carlos.

Based on information from San Francisco Association of REALTORS® and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

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.