577 Laurel St San Carlos, CA 94070
Cordes NeighborhoodEstimated payment $28,057/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 with low maintenance, 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
Interior Spaces
- 5,554 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Full Bathrooms
Additional Features
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,097 | $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
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 | 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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