64 Laurel Street

San Carlos, CA 94070

$5,500,000
Price
Beds
3,944 Sq. Ft.
$1,395 / Sq. Ft.
3,944
Sq. Ft.
$1,395
per Sq. Ft.

Description

Property is zoned MD-100 and 14-19 condo units are allowed subject to city zoning and design guidelines. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process.Property is zoned MD-100 and 14-19 condo units are allowed subject to city zoning and design guidelines. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process.
  1. Listed by Vincent Armando • DRE #00609541 • Brokerage DRE #00609541 • Armando Investment • 415-860-4527

Property Details for 64 Laurel Street

MLS City Name
SAN CARLOS
Building Type
OTHER
Garage Spaces
0
Parking Spaces
0
View
Bridge
Cross Street
Hull
LISTING UPDATED: 12/19/2024 11:38 AM

Property Details for 64 Laurel Street

StatusActive
MLS #ML81984768
Days on Compass58
Taxes$21,436 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1953
Lot Size0.19 AC / 8,088 SF
CountySan Mateo County

Building Information for 64 Laurel Street

Stories2Residences-Year Built1953Lot Size0.19 AC / 8,088 SF

Property Information for 64 Laurel Street

Features
Features
  • Fireplace: No
  • Living SqFt: 3944
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Assigned Spaces, Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Cordes Etc.
  • Roof: Composition
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 64
  • Street Name: Laurel
  • Street Suffix: Street
  • Area ID: 355
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3944
  • Structure SqFt Source: Assessor
  • Age: 71
Development Information
  • Ownership Type: Trust
  • Zoning Detail: RM-100
Location Information
  • City Limits: Yes
  • Incorporated: No
  • Parcel Number: 045-313-040
  • 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 Perimeter and Slab
  • Horse Property: No
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 5
General Information
  • Annual Tax Amount: $21,436
  • Capitalization Rate: 1.53
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Lease
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $3,500
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $5,724
  • Expense Trash: $1,600
  • Expenses Other: $0
  • Expenses Utility: $1,200
  • Expenses Total: $33,460
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal
  • Gross Rent Multiplier: 46.82
  • Income Annual Gross: $117,480
  • Income Annual Rental: $117,480
  • Income Gross Scheduled: $117,480
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Approx Square Footage: 1
  • Unit 2 Number of Bedrooms: 1
Unit 3 Information
  • Unit 3 Approx Square Footage: 1
  • Unit 3 Number of Bedrooms: 1
Unit 4 Information
  • Unit 4 Approx Square Footage: 1
  • Unit 4 Number of Bedrooms: 1

Property History for 64 Laurel Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 64 Laurel Street

Taxable ValueLand$836,344Additions$543,620Total$1,379,964
Tax Record2024$22,225 ($1,852 / month)
Home Facts
Baths5Total Finished SqFt3,944 SqFtAbove Grade Finished SqFt3,944 SqFtStories2Lot Size8,089 SqFtStyleMulti-Family Res (5+ Units)Year Built1953ZoningR40000CountySAN MATEOAPN045-313-040

Schools near 64 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 - 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
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

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64 Laurel Street is for sale in San Carlos, CA 94070. This property was listed for sale on October 24, 2024 by Armando Investment, it's currently listed at $5,500,000. It has been on the market for a total of 58 days and was last sold on September 3, 2003. 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. 64 Laurel Street is a 0-bed, 0-bath, 3,944 sqft built in 1953.

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 Armando Investment, Vincent Armando, DRE #00609541

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.