1761 Laurel St

$1,800,000
Price
Beds
Baths
2,900 Sq. Ft.
$621 / Sq. Ft.
2,900
Sq. Ft.
$621
per Sq. Ft.

Description

Office Building with Multi-Family Residential+ Zoning. For Lease, Sale or JV. Permitted: Office Business Professional, Medical Dental Office, General Personal Service, Multi-Unit Residential, Family Child Care, Day Care, Adult Day Care, Trade School, Community Assembly, Church, Instructional, Private School w CUP, Grooming or Pet Store, Veterinary w CUP, Restaurant, Bar w CUP, Hotel, Convenience or Grocery, Retail. MU-SB-100: Mixed-Use South Boulevard: Could go 60 ft or 5 stories with existing zoning...Office Building with Multi-Family Residential+ Zoning. For Lease, Sale or JV. Permitted: Office Business Professional, Medical Dental Office, General Personal Service, Multi-Unit Residential, Family Child Care, Day Care, Adult Day Care, Trade School, Community Assembly, Church, Instructional, Private School w CUP, Grooming or Pet Store, Veterinary w CUP, Restaurant, Bar w CUP, Hotel, Convenience or Grocery, Retail. MU-SB-100: Mixed-Use South Boulevard: Could go 60 ft or 5 stories with existing zoning codes, new state laws could potentially go higher depending on transit assessment. Building is 49 ft wide and 57 ft deep. There is an existing tenant, who has a right of first refusal on a sale, but has stated that they don't intend to exercise it, and an option to extend the lease 2 years past their 3/31/26 expiration, which they've stated they intend to exercise. For buyers, investors that want a leased investment, or a mixed use or residential development opportunity, with in place lease income, this is a positive scenario. As-Is sale. New roof. Current office layout interior has many private offices, conference rooms that could be used as into bedrooms. Buyer to inspect as desired.

Listing Agent

  1. Alexander Kent

    Alexander Kent

    Listing Agent

    Compass

    DRE #01718732

Property Details for 1761 Laurel Street

MLS City Name
SAN CARLOS
Building Type
DUPLEX
Style
Tudor
Garage Spaces
5
Parking Spaces
4
Cross Street
St. Francis
LISTING UPDATED: 11/26/2025 01:40 PM

Property Details for 1761 Laurel Street

StatusActive
MLS #ML82027813
Days on Compass28
Taxes$9,848 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1978
Lot Size0.11 AC / 5,000 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Alexander Kent, DRE #01718732
Add your commute

Building Information for 1761 Laurel Street

Stories2Residences2Year Built1978Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$9,715 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,894

Property Taxes

$821

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1761 Laurel Street

Features
Room Information
  • Kitchen: Refrigerator
Features
  • Fireplace: No
  • Living SqFt: 2900
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air - Gas
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: El Sereno Corte Etc.
  • Roof: Tar and Gravel
  • Subclass: Duplex
  • Year Built Source: Other
  • Street Number: 1761
  • Street Name: Laurel
  • Street Suffix: Street
  • Area ID: 352
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2900
  • Structure SqFt Source: Other
  • Age: 47
Development Information
  • Ownership Type: Trust
  • Zoning Detail: MU-SB-100
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 051-375-210
  • County Name: San Mateo
  • City Name: SAN CARLOS
  • City Postal ID: 56
  • Postal Code: 94070
  • Elementary School District: 937
  • High School District Text: Sequoia Union High
Lot Information
  • Foundation: Other
  • Horse Property: No
  • Lot Acres: .11
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 1
General Information
  • Annual Tax Amount: $9,848
  • Building Unit Total: 2
  • Capitalization Rate: 5.37
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $4,000
  • Expense Landscape: $0
  • Expense Maintenance: $3,600
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $17,448
  • Operating Expenses Include: Other
  • Gross Rent Multiplier: 15.77
  • Income Annual Gross: $114,156
  • Income Annual Rental: $114,156
  • Income Gross Scheduled: $114,156
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 0
  • Unit 1 Half Bathrooms: 2
  • Unit 1 Number of Bedrooms: 9
  • Unit 1 Rent: $9,500
Unit Type 1
  • Unit Type1 Approx SqFt: 2900

Property History for 1761 Laurel Street

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Price Change

EBRD #ML82027813

$1,800,000
Nov 26, 2025

Price Change

MLSListings #ML82027813

$1,800,000
Nov 18, 2025

Price Change

EBRD #ML82027813

$1,950,000
Nov 18, 2025

Listed (Active)

EBRD #ML82027813

$1,900,000
Nov 17, 2025

Withdrawn

EBRD #ML82019894

Nov 17, 2025

Price Change

MLSListings #ML82027813

$1,950,000
Nov 17, 2025

Withdrawn

MLSListings #ML82019894

$1,950,000
Nov 17, 2025

Listed (Active)

MLSListings #ML82027813

$1,900,000
Sep 13, 2025

Price Change

EBRD #ML82019894

$1,950,000
Sep 13, 2025

Price Change

MLSListings #ML82019894

$1,950,000
Sep 2, 2025

Listed (Active)

MLSListings #ML82019894

$1,900,000
Sep 2, 2025

Listed (Active)

EBRD #ML82019894

$1,900,000
DateEvent & SourcePrice
11/26/2025

Price Change

EBRD #ML82027813

$1,800,000
11/26/2025

Price Change

MLSListings #ML82027813

$1,800,000
11/18/2025

Price Change

EBRD #ML82027813

$1,950,000
11/18/2025

Listed (Active)

EBRD #ML82027813

$1,900,000
11/17/2025

Withdrawn

EBRD #ML82019894

11/17/2025

Price Change

MLSListings #ML82027813

$1,950,000
11/17/2025

Withdrawn

MLSListings #ML82019894

$1,950,000
11/17/2025

Listed (Active)

MLSListings #ML82027813

$1,900,000
09/13/2025

Price Change

EBRD #ML82019894

$1,950,000
09/13/2025

Price Change

MLSListings #ML82019894

$1,950,000
09/02/2025

Listed (Active)

MLSListings #ML82019894

$1,900,000
09/02/2025

Listed (Active)

EBRD #ML82019894

$1,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1761 Laurel Street

Taxable ValueLand$319,342Additions$423,133Total$742,475
Tax Record2024$9,752 ($813 / month)
Home Facts
Total Finished SqFt5,776 SqFtAbove Grade Finished SqFt5,776 SqFtStories2Lot Size5,145 SqFtStyleOffice BuildingYear Built1978ZoningC2000HCountySAN MATEOAPN051-375-210

Schools near 1761 Laurel Street

This home is within San Carlos Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
White Oaks Elementary School
PublicK to 3

Central Middle School
Public6 to 8

Sequoia High School
Public9 to 12

Redwood High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1761 Laurel Street is a multi-family home for sale in San Carlos, CA 94070. This property was listed for sale on November 17, 2025 by Compass, it's currently listed at $1,800,000. This listing's school districts are San Carlos Elementary School District, Sequoia Union High School District. Nearby schools include White Oaks Elementary School, Central Middle School and Sequoia High School. 1761 Laurel Street is a 0-bed, 0-bath, 2,900 sqft multi-family home built in 1978.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Alexander Kent, DRE #01718732

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.