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1176 Laurel St, San Carlos, CA, 94070

--beds
--baths
2,080sqft
$2,800,000
$1,346price/sqft
$16,288/moest. monthly cost
$651,520/yrincome needed

About This Home

1176 Laurel St is a well-situated mixed-use investment opportunity located in the thriving city of San Carlos, California. The subject property is situated on a 4,905 square foot parcel of land and features a gross building area of approximately 2,080 square feet. Additionally, the subject property offers convenient rear parking, while the two-bedroom unit boasts a private patio for added comfort and outdoor enjoyment. Known as "The City of Good Living," San Carlos is notorious for its excellent climate and great location along the Peninsula. 1176 Laurel St rests in the heart of San Carlos along El Camino Real. The subject property is ideally located on Laurel St within walking distance of Downtown San Carlos, offering renters a myriad of dining, shopping, and entertainment options. Renters at 1176 Laurel St enjoy convenient access to major transportation corridors including El Camino Real, the San Carlos Caltrain, U.S. Route 101, and Interstate 280. The subject property is also located within close proximity to many of the nation's top employers including Apple, Google, Netflix, Uber, Meta, Intuit, LinkedIn, and many others.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

9/10
Arroyo SchoolGrades 4-50.4 mi
10/10
Central Middle SchoolGrades 6-80.5 mi
7/10
Sequoia High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Slab
  • Roof: Composition

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex,Residential Income

Interior

Features

  • Door features: None

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Ceiling Fan(s)

Interior Area

  • Total structure area: 2,080
  • Total interior livable area: 2,080 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 051343170
  • Zoning: COMM
  • Special condition: Standard

Features

  • Stories: 2

Lot

  • Lot size: 4,905 sqft

Parking

  • Total spaces: 5
  • Parking features: Assigned
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $14,158$169,896
Home Insurance *$214$2,568
Property Taxes $1,470$17,640
Electricity $446$5,352
Total$16,288$195,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$558,445/yr
40% on housing$488,640/yr
45% on housing$434,346/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,346This listing

vs Other Active Listings

Avg $/sqft

ZIP 94070$899
San Mateo County$914

vs Homes Sold Last Month

Median $/sqft

ZIP 94070$1,319
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$2,800,000
2023-03-27Listing removed--
2023-01-30Listed for rent$4,500

For Sale by Agent

AgentAdam S. Levin
BrokerageMarcus & Millichap

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