987 Laurel Street, SAN CARLOS, CA 94070

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987 Laurel Street, SAN CARLOS, CA 94070

$1,850,000 (Active)

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Listed by: Alexander Kent - Compass

$$1,850,000

Active

est.$1,850,000/month.

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beds. baths. 1,185 Sqft.

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This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Mortgage Broker

Ray Avanzino
Polaris Capital Partners
Ray@polariscappartners.com
(650) 576-6531
NMLS# 288504
Company NMLS# 01391664

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or Call Now: (650) 576-6531

987 Laurel Street, SAN CARLOS, CA 94070

$1,850,000

Active

est.$1,850,000/month.

Start My Approval

beds baths 1,185 Sq.ft.

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Property details for 987 Laurel Street, SAN CARLOS, CA 94070

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.

Broker details: Compass

Listed by: Alexander Kent

Property Description

MLS Information

Listing: ML82027747
Listing Last Modified: 2025-11-26

Property Details

Standard Status: Active
Property style: Contemporary
Built in: 1946

Geographic Data

County: San Mateo

Features

Interior Features

Flooring: Laminate
Living area: 1185

Exterior Features

Roof type: Tar/Gravel
Lot description: Other
Pool: None
View: None
Foundation: Slab

Rossetti Realty Inc.

987 Laurel Street, SAN CARLOS, CA 94070