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Investment Highlights

  • Prime Laurel Street Location
  • 100% occupied
  • Central Air & Heat
  • New exterior paint
  • Convenient access to public transportation

Executive Summary

Exceptional opportunity to own a well-positioned, fully leased commercial office building offering approximately 4,000 square feet and immediate income potential. It is ideally located on one of the most vibrant and recognizable blocks of Laurel Street. This professionally maintained two-story property features an inviting lobby with soaring ceilings, nine private offices, 4 restrooms, a storage room, and a utility room.
Each floor is equipped with its own heating and air conditioning system. A rare investment opportunity, all current tenants are on month-to-month leases, providing immediate rental income while allowing a new owner the flexibility to implement their own vision for the property. Whether as a long-term investment, owner-user opportunity, or future redevelopment play, the possibilities are extensive. The property enjoys exceptional visibility and convenience just steps from popular restaurants, boutique shopping, Bianchinis Market, and a variety of downtown amenities. Ample parking is available on nearby side streets and in the adjacent City parking lot.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,900 SF
Building Class
C
Year Built
1950
Price
$2,199,000
Price Per SF
$563.85
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,950 SF
Building FAR
1.77
Lot Size
0.05 AC
Zoning
MU - Mixed Use Downtown Core - 100 https://www.codepublishing.com/CA/SanCarlos/html/SanCarlos18/SanCarlos1805.html?utm_source=chatgpt.com

Amenities

  • Storage Space
  • Central Heating
  • High Ceilings
  • Partitioned Offices
  • Air Conditioning
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
050-153-090
Land Assessment
$1,092,420
Improvements Assessment
$624,240
Total Assessment
$1,716,660
  • Listing ID: 40961417

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 790 Laurel St, San Carlos, CA 94070

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