987 Laurel Street, San Carlos, CA 94070
987 Laurel Street, San Carlos, CA 94070
987 Laurel Street, San Carlos, CA 94070
987 Laurel Street, San Carlos, CA 94070
987 Laurel Street, San Carlos, CA 94070
987 Laurel Street, San Carlos, CA 94070
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$ 1,650,000
Est. payment | /mo

1,185 SqFt


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$ 1,650,000
Est. payment | /mo
Save

1,185 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,185 sqft

Price per Sqft $1,392

MLS Listing ID ML82027747

HOA Y/N No

Year Built 1946

Lot Size 3,000 Sqft

Acres 0.07

Property Sub-Type Duplex

Property Description

This is a medical office building that is leased to a major Vet chain through 12/31/2026. They are not renewing because they are consolidating to another much larger location. This building offers a broad array of permissible uses including residential. The Regional Housing Needs Assessment puts this land at 2 residential units. However, if redeveloped with an architect and the city with both city and new state pro-housing laws, a buyer could potentially get several stories and many units, TBD. Zoning: MU-N-50: Neighborhood Mix: retail, commercial, and office uses, as well as residential development of up to fifty (50) units per net acre. Permissible uses: Multi unit residential, family childcare small and large, Residential care - limited, community assembly(minor use permit), cultural (MUP), day care, instructional, schools (CUP), social service (CUP), pet grooming(*5), bank and financial services (mup), business services (9*), restaurant (cup), convenience store (cup), food prep, business and professional office, medical office (9*), personal service. Please speak with a city planner and an architect to confirm whether your use is permissible.

Location

State CA

County San Mateo

Zoning MU-N

Interior

Heating Forced Air

Flooring Laminate

Fireplace No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Sequoia Union High

Others

Tax ID 051358020

Bridge MLS
Listed by Alexander Kent • Compass

Nearby Locations

Nicole Tscherneff

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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987 Laurel Street