656 Cedar Street 3, San Carlos, California 94070, San Carlos, 94070 - 2 bed, 3 bath
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San Carlos, California 94070
This Modern Townhouse-Style Condo represents a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,214,267 Fair Market Value by 5%. This strategic pricing provides buyers with $64,267 in Instant Equity. The residence features a premium Bosch Kitchen, en-suite bedrooms, and a Modernized Condition Rating, ensuring a turnkey lifestyle. Located in the heart of downtown San Carlos, the property offers elite walkability and access to the 9/10 rated Central Middle School. This is a premier acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 656 Cedar Street 3 Subject | $1,115,500* List Price | 2 | 3 | 1,440 | $775 | - |
A 793 Elm Street 23 Sold | $1,330,000 | 2 | 2 | 1,512 | $880 | 0.2 mi |
B 793 Elm Street 17 Sold | $1,357,000 | 2 | 2 | 1,539 | $882 | 0.2 mi |
C 520 520 El Camino Real 309 Sold | $1,310,000 | 3 | 2 | 1,424 | $920 | 0.4 mi |
D 793 Elm Street 21 Pending | $1,278,000 List Price | 2 | 2 | 1,519 | $841 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1985 but features significant modern updates. The kitchen has been refreshed with newer stainless steel appliances and updated countertops. The interior boasts updated flooring, lighting, and a modern fireplace surround. While some structural elements like the kitchen cabinet style reflect the original age, the property is well-maintained, functional, and move-in ready, consistent with a 5-15 year renovation cycle.
Middle School: Central Middle School (9/10).
Situated in the heart of San Carlos, this property offers exceptional walkability to Laurel Street's dining, the Caltrain station, and the public library, providing a high-convenience urban lifestyle.
The property is zoned for highly-coveted schools, including Central Middle School (rated 9/10), which significantly enhances long-term value and appeal for families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1000, other record lot size in square feet = 7735.
Constructed in 1985, the building may lack the modern energy efficiencies and soundproofing standards found in newer developments, potentially leading to higher utility or maintenance costs.
As a townhouse-style condo in a small six-unit complex, the property offers minimal private yard or outdoor living space compared to detached single-family homes in the area.
Embrace a lifestyle of comfort and convenience in vibrant downtown San Carlos. This updated and modern 2 bed 2.5 bath townhouse style condo, in a friendly six unit building, has two en-suite bedrooms upstairs and a half bath on the main floor. The kitchen has newer stainless steel appliances including a Bosch dishwasher. The kitchen is well-equipped, offering ample space for meal preparation. The home includes beautiful flooring throughout, adding a touch of elegance to every room. It boasts a cozy fireplace that provides warmth and ambiance. The unit features an upgraded stacked washer dryer unit. Two parking spaces and a spacious storage unit in the garage offer additional convenience. The property is within the San Carlos Elementary School District, and zoned for top-rated Brittan Acres Elementary, Arroyo Elementary, Central Middle School and Seqouia High School. Walkable to San Carlos Caltrain station, one block from the San Carlos Library, and multiple shops and restaurants. Imagine strolling to dinner on Laurel Street, visits to the farmers market, and sunny afternoons at Burton Park. Top ranked schools, a yearly wine and art festival, and Hometown Days- all foster a sense of community and connectedness for all ages. Discover why San Carlos is truly the City of Good Living.
No exterior & parking available.
Grades 6-8 • 0.2 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,440 | 1,276 |
| Lot Size | 1,000 | - |
| Price | $1.12M | $1.11M |
| Price per sq ft | $775 | $860 |
| Built year | 1985 | 1978 |
| HOA | $375.0 | $898 |
| Days on market | 97 | 33 |
Jul 19, 2026
$1,115,500
$1,150,000
-3% Price Drop
Initial Listing
Apr 16, 2026
$1,150,000
Initial Listing
Aug 13, 2021
$1,225,000
Public Record
Feb 23, 2016
$990,000
Public Record
Jun 29, 2000
$390,000
Public Record