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1176 Laurel St
San Carlos, CA 94070
Retail Property For Sale
Investment Highlights
- Incredible Owner-User Opportunity
- Quick Access Around the Bay Area
- Prime San Carlos Location
- Strong Employment Base
Executive Summary
1176 Laurel St is a well-situated mixed-use investment opportunity located in the thriving San Carlos. The subject property is situated on a 4,905 square foot parcel of land and features a gross building area of approximately 2,080 square feet. Additionally, the subject property offers convenient rear parking, while the two-bedroom unit boasts a private patio for added comfort and outdoor enjoyment. Known as "The City of Good Living," San Carlos is notorious for its excellent climate and prime location along the Peninsula. 1176 Laurel St rests in the heart of San Carlos along El Camino Real. The subject property is ideally located on Laurel St within walking distance of Downtown San Carlos, offering renters a myriad of dining, shopping, and entertainment options. Renters at 1176 Laurel St enjoy convenient access to major transportation corridors, including El Camino Real, the Caltrain at San Carlos, U.S. Route 101, and Interstate 280. The subject property is also located in close proximity to many of the nation's top employers, including Apple, Google, Netflix, Uber, Meta, Intuit, LinkedIn, and many others. The investment appeal of this asset is driven by San Carlos' strong employment fundamentals and low vacancy levels. With a world-class location in the heart of the Peninsula, 1176 Laurel St presents an attractive choice for investors due to its proximity to major employers, transportation corridors, shopping, dining, and entertainment options.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,080 SF
Building Class
C
Year Built
1940
Price
$2,800,000
Price Per SF
$1,346.15
Tenancy
Single
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.11 AC
Zoning
COMM, San Carlos
Parking
5 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
89’ on Laurel St
Property Taxes
| Parcel Number | 051-343-170 | Improvements Assessment | $154,710 |
| Land Assessment | $325,726 | Total Assessment | $480,436 |
Property Taxes
Parcel Number
051-343-170
Land Assessment
$325,726
Improvements Assessment
$154,710
Total Assessment
$480,436
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