577 Laurel St San Carlos, CA 94070
Cordes NeighborhoodEstimated payment $27,570/month
Highlights
- Central Heating
- Arundel Elementary School Rated A
- 4-minute walk to Laureola Park
About This Home
Rare opportunity to acquire a 5-unit mixed-use building in the heart of Downtown San Carlos. 577 Laurel Street combines four (4) large 2 bedroom/2 bathroom residential units with a ground-floor commercial unit on one of the Peninsula's most coveted retail corridors, steps from Caltrain, Highway 101, and the Laurel Street dining and shopping district. Well-suited for 1031 exchange buyers seeking trophy Peninsula real estate, family offices building generational holds, value-add operators, or owner-users looking to occupy the commercial space and offset debt with residential income (SBA 504 financing eligible). Downtown San Carlos features outstanding Walk Score, top-rated schools, and a thriving commercial corridor.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2003
Parking
- Covered Parking
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Additional Features
- 3-Story Property
- 3,900 Sq Ft Lot
- Central Heating
Community Details
- 5 Units
- 5 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,939 | $1,114,347 | $261,277 | $853,070 |
| 2023 | $16,939 | $1,071,078 | $251,132 | $819,946 |
| 2022 | $19,633 | $1,050,077 | $246,208 | $803,869 |
| 2021 | $18,914 | $1,029,488 | $241,381 | $788,107 |
| 2020 | $18,311 | $1,018,932 | $238,906 | $780,026 |
| 2019 | $18,194 | $998,954 | $234,222 | $764,732 |
| 2018 | $17,181 | $979,368 | $229,630 | $749,738 |
| 2017 | $16,291 | $960,166 | $225,128 | $735,038 |
| 2016 | $15,921 | $941,340 | $220,714 | $720,626 |
| 2015 | $15,793 | $927,201 | $217,399 | $709,802 |
| 2014 | $15,375 | $909,039 | $213,141 | $695,898 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/14/2026 05/14/26 | For Sale | $4,900,000 | -- | $882 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | -- | Lawyers Title | |
| Deed | -- | Lawyers Title | |
| Grant Deed | $200,000 | First American Title Co | |
| Grant Deed | $120,000 | American Title Co | |
| Interfamily Deed Transfer | -- | American Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,550,000 | New Conventional | |
| Previous Owner | $160,000 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | Seller Take Back | |
| Closed | $20,000 | No Value Available |
Source: San Francisco Association of REALTORS®
MLS Number: 426131192
APN: 050-074-170
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