
San Carlos, California 94070
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,799,000—positioned above the $1,693,754 Fair Market Value. While priced at a premium, the property offers significant upside through its Development Potential and included remodel plans. Featuring a Condition Rating of 4, the home provides a solid foundation for value-add renovations. Located near Top-Rated Schools like Central Middle (9/10), this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a home in a prime San Carlos location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1545 Alameda De Las Pulgas Subject | $1,799,000* List Price | 3 | 2 | 1,580 | $1,072 | - |
A 2108 Howard Avenue Sold | $1,650,000 | 2 | 1 | 1,380 | $1,196 | 0.5 mi |
B 80 Hilltop Drive Sold | $1,600,000 | 2 | 1 | 1,413 | $1,132 | 0.0 mi |
C 248 Fairmont Avenue Pending | $2,300,000 List Price | 3 | 2 | 1,690 | $1,361 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1948, this home is well-maintained but dated. The kitchen features older tiled countertops and the listing explicitly mentions the property as an 'opportunity to update' with 'proposed plans for a remodel' already drawn. While it features fresh paint and hardwood floors, the age of the kitchen/baths and the 'permits unknown' status of the upstairs addition suggest systems and renovations are likely over 20 years old.
Middle School: Central Middle School (9/10).
Situated in the heart of San Carlos, the property offers excellent proximity to top-rated schools like Central Middle, vibrant shopping, dining, and major commuter routes.
The inclusion of proposed remodel plans and a flexible split-level layout provides a significant head start for buyers looking to expand or customize the home to their needs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The upstairs bedroom and bathroom are noted as having unknown permits, which may present challenges during the appraisal, financing, or future renovation processes.
With tiled countertops and a 1948 build date, the property requires updates to the kitchen and potentially older systems to align with modern luxury standards.
Welcome to this charming 3-bedroom, 2-bath home in the heart of San Carlos. The light-filled living room features hardwood floors and a cozy fireplace, flowing seamlessly into the dining area to create an inviting space for everyday living and entertaining. The kitchen offers tiled countertops, a gas stove, and garden window. The split level off the living room offers two bedrooms with large closets and a full bath, with one bedroom having direct access to the backyard- a blank canvas to create your own outdoor retreat. Upstairs, just off the kitchen, is an additional bedroom and bath (permits unknown), providing flexible space for guests or a home office. Additional features include some dual-pane windows, fresh interior paint, and a one-car garage. Proposed plans for a remodel are drawn for those looking to expand or reimagine the home. This is a great opportunity to update and make this home your own while enjoying its prime location close to parks, schools, shopping, dining, and convenient commuter routes.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 6-8 • 1.0 mi
Grades 5-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,580 | 2,223 |
| Lot Size | 4,400 | 6,250 |
| Price | $1.80M | $2.87M |
| Price per sq ft | $1.1K | $1.4K |
| Built year | 1948 | 1951 |
| HOA | $0 | $0 |
| Days on market | 12 | 34 |
Jul 10, 2026
$1,799,000
Initial Listing