64 Laurel Street, San Carlos, California 94070, San Carlos, 94070 - bed, bath
64 Laurel Street
San Carlos, California 94070
Property Price
SUMMARY
Analysis of 64 Laurel Street, San Carlos, California 94070 is currently available with a list price of $5,500,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
Built in 1953, the property features original, severely outdated kitchens and bathrooms with minimal evidence of renovation. The listing is explicitly marketed as a development site for 15 upscale condos, indicating that the primary value lies in the land and zoning (MD-100) rather than the existing structure, which is slated for demolition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Ralston Intermediate School (9/10). High School: Carlmont High School (9/10).
CONSRISKS & DEFICIENCIES
About 64 Laurel Street
Property is zoned MD-100, there are preliminary plans as reviewed by the city of San Carlos for 15 upscale condos(some with bay views). Zoning allows 14-19 units and a total of approximately 24,265 square feet of total project size. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process. The property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements. (Buyer to verify all information to their satisfaction.)
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1953
- Lot Size
- 8,088 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Carlos Unified Schools
Cipriani Elementary School
Grades K-5 • 2.2 mi
Redwood Shores Elementary School
Grades K-5 • 2.5 mi
Sandpiper Elementary School
Grades K-6 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1953 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Feb 18, 2026
$5,500,000
Initial Listing
Sold
Sep 2, 2003
$990,000
Public Record