Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    N/A

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.3617

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $4,950,000

  • Tax Amount

    55920.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

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Location

County

San Mateo

Elementary School

Middle School

High School

Listing Courtesy of Ray Rodriguez , Compass

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This property consists of two separate buildings situated on a single parcel, collectively comprising ten units. The diverse unit mix includes (1) 3 bed 2.5ba unit; (4) 2 bed 2 ba units; (1) 2 bed 1 ba unit; (1) junior 1 bed 1 bath unit; and (3) studio units offering strong rental versatility and tenant appeal.  Units 17-1 and 25-1 have been fully renovated with modern finishes, including new flooring, stainless steel appliances, upgraded kitchen cabinets and countertops, recessed lighting, remodeled bathrooms, in-unit washer/dryers, and dishwashers. Additional units have received partial updates such as refreshed flooring, updated cabinetry, and new appliances. An on-site laundry room is available for tenants. SB 721 inspections have been completed.  Tenants enjoy a tranquil setting with a shared communal deck between the two buildings and private balconies in select unitsenhancing the sense of privacy and community.  Ideally located just minutes from Downtown San Carlos and its Caltrain Station, the property offers convenient access to Highway 280, 101, and El Camino Real, placing the entire Silicon Valley region within easy reach. Its close proximity to major employment centers in Foster City, Redwood Shores, Palo Alto, and Menlo Park further enhances its investment appeal.

1725 Devonshire Boulevard

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Related Properties

717 Laurel Street is currently a single tenant building comprised of approximately 5,550 sf of ground floor retail space with +/-1,800 sf of additional mezzanine space. Value can be added by re-tenanting and possibly demising it down for multiple retail units. The building will also be available for an owner/user to occupy when the current tenant's lease expires in March 2026. San Carlos is undergoing tremendous development which will make the property a solid long term investment. The City has permanently closed this section of the street to vehicular traffic and has a vision to transform the 700 block of Laurel Street into a public plaza, thereby paving the way for a more vibrant and pedestrian-friendly downtown.
#ML81992151

San Carlos

717 Laurel Street

None Beds

None Baths

5,550 Sq.Ft.

$4,800,000

MLS#: ML81992151

 - property

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