552 Walnut St

Beds
Baths
7,877 Sq. Ft.
$448 / Sq. Ft.
7,877
Sq. Ft.
$448
per Sq. Ft.

Description

Nestled in the heart of lively San Carlos, this delightful 7-unit building presents a rare opportunity to enjoy both comfort and convenience in one of the Peninsulas most coveted communities. The property boasts six well-appointed one-bedroom units with assigned parking space, and a spacious 3-bedroom, 2.5-bath unit complete with its own attached 2-car garageperfect for those seeking a little extra space and privacy. Everyday living is made simpler with on-site app-operated laundry facilities, ensuring...Nestled in the heart of lively San Carlos, this delightful 7-unit building presents a rare opportunity to enjoy both comfort and convenience in one of the Peninsulas most coveted communities. The property boasts six well-appointed one-bedroom units with assigned parking space, and a spacious 3-bedroom, 2.5-bath unit complete with its own attached 2-car garageperfect for those seeking a little extra space and privacy. Everyday living is made simpler with on-site app-operated laundry facilities, ensuring practicality meets ease. Families will love the added bonus of being within the highly regarded San Carlos Elementary School District, offering access to top-tier schools. Beyond the building itself, the location is truly unbeatable. Youre just moments away from San Carloss vibrant downtown, where youll find a mix of trendy restaurants, charming boutiques, and lush parkseverything you need to savor the best of this warm, welcoming neighborhood. Whether youre looking for a smart investment opportunity or a place to call home, this property offers it all. Experience the perfect blend of community charm, urban access, and everyday comfort. Your San Carlos story starts heredont let it slip away!

Listing Agent

  1. Gina Haggarty

    Gina Haggarty

    Listing Agent

    Compass

    DRE #01163760

    gina.haggarty@compass.com

    P: (650)-207-5192

Property Details for 552 Walnut Street

MLS City Name
SAN CARLOS
Building Type
Other
Garage Spaces
2
Parking Spaces
0
Cross Street
San Carlos Avenu

Open Houses

Tuesday, Jan 20th

2:00 PM - 3:00 PM

Public

LISTING UPDATED: 01/15/2026 08:20 AM

Property Details for 552 Walnut Street

StatusActive
MLS #ML82031213
Days on Compass4
Taxes$20,702 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1978
Lot Size0.18 AC / 7,750 SF
CountySan Mateo County

Location

Listing Courtesy of Compass, Gina Haggarty, DRE #01163760; N B T Realty Service, Claire Haggarty, DRE #01069886
Add your commute

Building Information for 552 Walnut Street

Stories-Residences-Year Built1978Building Size-Lot Size0.18 AC / 7,750 SF

Payment Calculator

$18,915 per month

30 year fixed, 6.15% Interest

Principal and Interest

$17,190

Property Taxes

$1,725

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 552 Walnut Street

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Countertop - Laminate, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
Features
  • Fireplace: No
  • Laundry: Coin Operated
  • Living SqFt: 7877
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Separate Common Area, Separate Electric
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 6
Garage
  • Garage and Parking: Assigned Spaces, Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 7
  • Area Text: Cordes Etc.
  • Restrictions: None
  • Roof: Elastomeric
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 552
  • Street Name: Walnut
  • Street Suffix: Street
  • Area ID: 355
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 7877
  • Structure SqFt Source: Assessor
  • Age: 48
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R40000
Location Information
  • City Limits: Yes
  • Parcel Number: 050-064-090
  • 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: Concrete Slab
  • 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: 6
General Information
  • Annual Tax Amount: $20,702
  • Capitalization Rate: 1.83
  • Tenant Expenses: None
  • Income Includes: Rents
  • Vacancy Factor: 1
Income / Expense Details
  • Expense Insurance: $8,670
  • Expense Landscape: $4,185
  • Expense Maintenance: $26,858
  • Expense Management: $11,494
  • Expense Trash: $12,346
  • Expenses Other: $6,349
  • Expenses Utility: $7,562
  • Expenses Total: $98,166
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 21.48
  • Income Annual Gross: $162,558
  • Income Annual Rental: $164,200
  • Income Gross Scheduled: $164,200
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $1,975
Unit 2 Information
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 1
  • Unit 2 Number of Bedrooms: 3

Property History for 552 Walnut Street

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

EBRD #ML82031213

$3,526,984
Jan 14, 2026

Listed (Active)

MLSListings #ML82031213

$3,526,984
DateEvent & SourcePrice
01/15/2026

Listed (Active)

EBRD #ML82031213

$3,526,984
01/14/2026

Listed (Active)

MLSListings #ML82031213

$3,526,984

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

Public Records for 552 Walnut Street

Taxable ValueLand$406,237Additions$639,841Total$1,046,078
Tax Record2024$20,702 ($1,725 / month)
Home Facts
Baths8Total Finished SqFt7,877 SqFtAbove Grade Finished SqFt7,877 SqFtStories3Lot Size7,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1978ZoningR40000CountySAN MATEOAPN050-064-090Fireplace TypeHas Fireplace

Schools near 552 Walnut 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 - 4 to 5
Rating
School
Distance
Arundel Elementary School
PublicK to 3

Tierra Linda Middle School
Public6 to 8

Carlmont High School
Public9 to 12

Arroyo School
Public4 to 5

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

552 Walnut Street is for sale in San Carlos, CA 94070. This property was listed for sale on January 14, 2026 by Compass, it's currently listed at $3,526,984. This listing's school districts are San Carlos Elementary School District, Sequoia Union High School District. Nearby schools include Arundel Elementary School, Tierra Linda Middle School and Carlmont High School. 552 Walnut Street is a 0-bed, 0-bath, 7,877 sqft 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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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, Gina Haggarty, DRE #01163760; N B T Realty Service, Claire Haggarty, DRE #01069886

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.