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.
Property Details
Price:
$1,850,000
MLS #:
ML82027747
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Duplex
Neighborhood:
699
Listed Date:
Nov 16, 2025
Finished Sq Ft:
1,185
Total Sq Ft:
1,185
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1946
See this Listing
Schools
School District:
Other
Interior
Cooling
CA
Flooring
LAM
Exterior
Architectural Style
CNT
Parking Spots
3
Roof
TARGRV
Security Features
WB
Financial
Map
Community
- Address987 Laurel ST San Carlos CA
- CitySan Carlos
- CountySan Mateo
- Zip Code94070
Subdivisions in San Carlos
Market Summary
Current real estate data for Single Family in San Carlos as of Nov 29, 2025
24
Single Family Listed
556
Avg DOM
1,132
Avg $ / SqFt
$2,360,708
Avg List Price
Property Summary
- 987 Laurel ST San Carlos CA is a Single Family for sale in San Carlos, CA, 94070. It is listed for $1,850,000 and features 0 beds, 0 baths, and has approximately 1,185 square feet of living space, and was originally constructed in 1946. The current price per square foot is $1,561. The average price per square foot for Single Family listings in San Carlos is $1,132. The average listing price for Single Family in San Carlos is $2,360,708.
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987 Laurel ST
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