2033 San Carlos Avenue, San Carlos, California 94070, San Carlos, 94070 - 3 bed, 2 bath
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San Carlos, California 94070
Analysis of 2033 San Carlos Avenue, San Carlos, California 94070 is currently available with a list price of $4,250,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property was built in 1955 (>50 years old) and appears to have no significant renovations, featuring original pink bathroom fixtures and dated linoleum flooring. The listing description explicitly markets the property for its land value, potential lot split, and the opportunity to build a new compound, which aligns with the tear-down criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 27747, living area = 1400.
Middle School: Central Middle School (9/10).
The massive 27,747 sqft level lot offers a rare opportunity for a lot split or the construction of a multi-generational family compound in a highly desirable area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1400, other record living area = 2499.
At a $4.25M valuation for a 1,400 sqft residence, the existing structure is modest, placing the vast majority of the investment value solely in the land.
To maximize the property's 'once in a lifetime' potential, buyers will need to commit significant capital toward new construction or complex lot-split permitting.
Once in a lifetime opportunity awaits! This is your chance to build a family compound or possible lot split on an over half acre of level, gated property in the heart of sunny San Carlos. Properties like this do not come on the market often. Located walking distance to downtown, this gorgeous parcel has a 3 bedroom, 2 bath, ranch-style home with beautiful hardwood floors, custom skylights and attached atruim. Enjoy the views of this park-like setting from the spacious courtyard surrounded by nature while dining, shopping, and businesses are only steps away. Photos can't fully capture the scale and beauty of this property. Tour in person and bring your imagination to appreciate this truly unique listing-the possibilities are endless!
No exterior & parking available.
Grades 6-8 • 0.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,400 | 2,223 |
| Lot Size | 27,747 | 6,250 |
| Price | $4.25M | $2.87M |
| Price per sq ft | $3.0K | $1.4K |
| Built year | 1955 | 1951 |
| HOA | $0 | $0 |
| Days on market | 12 | 34 |
Jul 10, 2026
$4,250,000
Initial Listing