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64 Laurel Street, San Carlos CA 94070
64 Laurel Street, San Carlos CA 94070
64 Laurel Street, San Carlos CA 94070
64 Laurel Street, San Carlos CA 94070
64 Laurel Street, San Carlos CA 94070
California>San Carlos>Cordes

64 Laurel StreetSan Carlos, CA 94070

For Sale

$5,500,000

Smart Buyer Rebate $55,000

Property is zoned MD-100, there are preliminary plans as reviewed by the city of San Carlos for 15 upscale condos(some with bay views).
Zoning allows 14-19 units and a total of approximately 24,265 square feet of total project size.

Lot is a gently up sloped 8088 square feet.

Currently being used as a 5 unit rental property...providing good income during the city permitting process.

The property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements. (Buyer to verify all information to their satisfaction.)

Listed by Vincent Armando

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License #00609541

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Armando Investment

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415-860-4527

Last updated September 07, 2025

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Source: MLSListings #ML82020216

Listing Facts

  • TypeMulti-family
  • NeighborhoodCordes
  • Days on Prevu5
  • Taxes$21,246/year
  • Size3,944 sqft
  • Price per sqft$1,395

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/04/2025
Listed by Armando Investment
$5,500,000

Property Details for 64 Laurel Street

Exterior

Construction

  • Roof: Composition
  • Year Built: 1953
  • Year Built Details: 6

Features

  • View: Bridge

Measurements

  • Building Area Total: 3,944
  • Lot Features: Grade - Mostly Level, Views
  • Lot Size Area: 8,088
  • Lot Size Source: Other
  • Lot Size Square Feet: 8,088
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 1.53
  • Gross Income: $117,480.00
  • Operating Expense Includes: Trash, Water/Sewer

Taxes

  • Parcel Number: 045-313-040
  • Tax Annual Amount: $21,246.00

Interior

Measurements

  • Living Area: 3,944

Other

Features

  • Accessibility Features: Parking, Wheelchair Access

Parking

Parking

  • Carport Spaces: 5
  • Carport: Yes
  • Parking Features: Assigned Spaces

Schools

Elementary School

  • Elementary School District: San Carlos Elementary

High School

  • High School District: Sequoia Union High

Utilities

Equipment

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

Based on information from MLSListings™️ 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.