64 Laurel Street, San Carlos, CA 94070
- $5,500,000
- 3,944
- SqFt
- List Price
- $5,500,000
- Status
- ACTIVE
- MLS#
- ML82035440
- Year Built
- 1953
- Living Sq. Ft
- 3,944
- Lot Size
- 8,088
- Acres
- 0.19
- Days on Market
- 161
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
Property Description
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.)
Additional Information
- Taxes
- $21,246
- Cooling
- Yes
- Cooling Description
- None
- View
- Bridge(s)
- Roof
- Composition
- Water
- Public
- School District
- Other
- Attached Structure
- Detached
- Gross Scheduled Income
- $117,480
Listing courtesy of Listing Agent: Vincent Armando (vtarmando@cs.com) from Listing Office: Armando Investment.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.