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DevonshireSan Carlos, CA 94070

For Sale

$4,550,000

Smart Buyer Rebate $45,500

This property consists of two separate buildings situated on a single parcel, collectively comprising ten units. The diverse unit mix includes (1) 3 bed 2.5ba unit; (4) 2 bed 2 ba units; (1) 2 bed 1 ba unit; (1) junior 1 bed 1 bath unit; and (3) studio units offering strong rental versatility and tenant appeal.

Units 17-1 and 25-1 have been fully renovated with modern finishes, including new flooring, stainless steel appliances, upgraded kitchen cabinets and countertops, recessed lighting, remodeled bathrooms, in-unit washer/dryers, and dishwashers. Additional units have received partial updates such as refreshed flooring, updated cabinetry, and new appliances. An on-site laundry room is available for tenants. SB 721 inspections have been completed.

Tenants enjoy a tranquil setting with a shared communal deck between the two buildings and private balconies in select unitsenhancing the sense of privacy and community.

Ideally located just minutes from Downtown San Carlos and its Caltrain Station, the property offers convenient access to Highway 280, 101, and El Camino Real, placing the entire Silicon Valley region within easy reach. Its close proximity to major employment centers in Foster City, Redwood Shores, Palo Alto, and Menlo Park further enhances its investment appeal.

Listed by Ray Rodriguez

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License #01999734

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Compass

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650-405-0743

Listed by Tony Zizzo

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License #01962093

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Compass

Last updated September 04, 2025

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Source: MLSListings #ML82014226

Listing Facts

  • TypeMulti-family
  • NeighborhoodBeverly Terrace
  • Days on Prevu63
  • Size9,470 sqft
  • Price per sqft$480

Amenities

  • Pets Allowed
  • Parking

Location

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Listing History

08/18/2025
Price Decreased
$4,550,000
07/10/2025
Listed by Compass
$4,950,000

Property Details for Devonshire

Association

General

  • Number Of Units In Community: 10

Exterior

Construction

  • Roof: Flat, Tar/Gravel
  • Year Built: 1967

Measurements

  • Building Area Total: 9,470
  • Lot Size Acres: 0.36
  • Lot Size Area: 15,757
  • Lot Size Square Feet: 15,757

Financial

Taxes

  • Parcel Number: 049-331-370

Interior

Measurements

  • Living Area: 9,470

Other

Features

  • Accessibility Features: Other

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 10
  • Garage: Yes
  • Parking Features: Assigned Spaces, Attached Garage, On Street
  • Parking Total: 10

Schools

Elementary School

  • Elementary School District: San Carlos Elementary

High School

  • High School District: Sequoia Union High

Utilities

Equipment

  • Cooling: Ceiling Fan, Other
  • Heating: Other, Wall Furnace
  • Sewer: Private Sewer

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.