1349 Olive Street A, San Carlos, California 94070, San Carlos, 94070 - 2 bed, 4 bath
1349 Olive Street A
San Carlos, California 94070
Property Price
SUMMARY
Analysis of 1349 Olive Street A, San Carlos, California 94070 is currently available with a list price of $1,589,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Carlos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this condo is 19 years old, fitting within the 'Good' category's age range. The description highlights a 'gourmet kitchen' with 'elegant granite countertops and stainless steel appliances,' and 'double-pane windows,' indicating well-maintained and functional systems. Each bedroom having an ensuite bathroom also points to a modern and desirable layout. While not newly renovated, the features described suggest a move-in ready property with minimal wear and tear, consistent with a 'Good' condition rating. No images were provided for visual assessment of specific finishes or wear.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Ideally situated in the heart of San Carlos, offering exceptional walkability to a variety of shops and restaurants, enhancing lifestyle and convenience.
- Exclusive & Low-Density Building
Part of an exclusive building with only three units, providing a sense of privacy, community, and reduced common area traffic.
- Luxurious & Functional Interior Layout
Features two spacious bedrooms, each with its own ensuite bathroom, an additional den/office, and a gourmet kitchen with high-end finishes.
CONSRISKS & DEFICIENCIES
- Unpermitted Garage Bathroom
The half bathroom located in the garage is explicitly stated as 'not permitted,' which could lead to legal issues, impact financing, or require costly remediation.
- Condominium Ownership Limitations
As a condominium, the property is subject to HOA fees, shared common area responsibilities, and less individual control over the property's exterior compared to a single-family home.
- Unusual Bath-to-Bed Ratio
The presence of four bathrooms for only two bedrooms is an unusually high ratio, which might be perceived as excessive or raise questions about practical utility, especially with one being unpermitted.
About 1349 Olive Street A
Stunning gated condo ideally situated in the heart of San Carlos just a short walk away from a variety of shops and restaurants. Spacious 2 bedrooms, each with its own ensuite bathroom, and an additional a den or office. Half bathroom conveniently located in the garage is not permitted. The condo is part of an exclusive building with only three units. It offers a bright and airy atmosphere, Double-pane windows and sliding doors that lead to three terraces, accessible from both the living room and the master bedroom. The gourmet kitchen is a chefs dream, showcasing elegant granite countertops and stainless steel appliances. Inside Laundry. A must see.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2005
- Lot Size
- 866 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Carlos Unified Schools
Central Middle School
Grades 6-8 • 0.2 mi
Sequoia High School
Grades 9-12 • 1.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 1,740 | 1,239 | 85% |
| Lot Size | 866 | - | 92% |
| Price | $1.59M | $1.27M | 85% |
| Price per sq ft | $914 | $817 | 54% |
| Built year | 2005 | 1974 | 77% |
| HOA | $0 | $720 | 8% |
| Days on market | 474 | 193 | 0% |
Pricing History
Listed for Sale
Nov 18, 2024
$1,589,900
Initial Listing