656 Cedar Street 3, San Carlos, California 94070, San Carlos, 94070 - 2 bed, 3 bath
Loading property details...
San Carlos, California 94070
This Modern Townhouse-Style Condo is a Strong Value Opportunity, listed at $1,150,000—positioned well below the $1,218,290 Fair Market Value by 5%. This valuation gap provides $68,290 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the residence features a Bosch-equipped kitchen, dual en-suite bedrooms, and updated flooring. Located in the heart of downtown San Carlos, the property offers elite access to the 9/10 rated Central Middle School and Caltrain. This is a premier acquisition for Owner-Occupants or Professional Commuters seeking a turnkey lifestyle with built-in financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 656 Cedar Street 3 Subject | $1,150,000* List Price | 2 | 3 | 1,440 | $846 | - |
A 793 Elm Street 17 Sold | $1,357,000 | 2 | 2 | 1,539 | $882 | 0.2 mi |
B 633 Elm Street 212 Sold | $1,300,000 | 2 | 2 | 1,258 | $1,033 | 0.2 mi |
C 663 Prospect Street Active | $1,295,000 List Price | 2 | 3 | 1,263 | $1,025 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1985, the property has undergone significant modern updates including newer stainless steel appliances (Bosch), updated quartz-style countertops, and contemporary flooring throughout. The interior presents as move-in ready with recessed lighting and refreshed finishes, fitting the 5-15 year renovation profile.
Middle School: Central Middle School (9/10).
The property offers exceptional walkability in the heart of San Carlos, situated just blocks from the vibrant Laurel Street dining district, the Caltrain station, and local parks.
Zoned for highly-coveted schools including Central Middle School (rated 9/10) and Brittan Acres Elementary, providing significant 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.
Built in 1985, the property may lack the energy efficiency and modern building standards of newer constructions, potentially leading to higher long-term maintenance needs.
Being part of a limited six-unit complex means there are fewer owners to share the cost of major common area repairs, which can lead to higher individual assessments if reserves are underfunded.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 80% |
| Square foot | 1,440 | 1,216 | 73% |
| Lot Size | 1,000 | - | 93% |
| Price | $1.15M | $1.27M | 40% |
| Price per sq ft | $799 | $799 | 47% |
| Built year | 1985 | 1982 | 53% |
| HOA | $375.0 | $780 | 7% |
| Days on market | 6 | 83 | 7% |
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