714-745-2708

987 Laurel Street, San Carlos, CA 94070

$1,400,000 Approx. USD 0 beds, 0 baths
1,185 sqft

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Marketed By The Keaty Team

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Marketed By The Keaty Team REALTOR® - Sales Associate 714-608-3298 m
714-745-2708 o
Lic#: 01276603
NRDS ID: 187514104
thekeatyteam@bhhscal.com Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
Phone: 714-832-8800
Fax: 949-565-7700

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Listing Agent

Alexander Kent | alex.kent@symphonic-inv.com
Lic#: 01718732
Broker: Courtesy of Compass
Phone: 650-793-0541

Agent Remarks

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.

Listing Details

Property type: Duplex (Multi-Family)

Status: Active

MLS# ML82027747

List price is $1,400,000 Reduced by $250,000 on 6/23/2026

Price: $1,400,000

Beds: 0

Baths: 0

Built in 1946

1,185 sqft

0.07 acres

Lot size: 0.0689

County: San Mateo

Property style: Contemporary

Zoning: MU-N-50: retail, office,

Parking description: Uncovered

Heating/cooling: Central Air

MLS area: 699 - Not Defined

Last Updated: 9/14/2026

Days On Market (DOM): 315

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This listing belongs to the 699 - Not Defined MLS area

The style of this listing is Contemporary.
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Lat/Long: 37.501705, -122.254862.
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Source: CRM. Also Available in ML82044092,

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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