Seller's Agent in 2026
Alexander Kent
Compass
(650) 793-0541
1 in this area
2 Total Sales
1761 Laurel St San Carlos, CA 94070
El Sereno Corte Neighborhood
9
Beds
2
Baths
2,900
Sq Ft
5,001
Sq Ft Lot
Highlights
- Tudor Architecture
- 4 Car Attached Garage
- Forced Air Heating and Cooling System
- White Oaks Elementary School Rated A
About This Home
As of March 2026Office Building with Multi-Family Residential+ Zoning. For Lease, Sale or JV. Permitted: Office Business Professional, Medical Dental Office, General Personal Service, Multi-Unit Residential, Family Child Care, Day Care, Adult Day Care, Trade School, Community Assembly, Church, Instructional, Private School w CUP, Grooming or Pet Store, Veterinary w CUP, Restaurant, Bar w CUP, Hotel, Convenience or Grocery, Retail. MU-SB-100: Mixed-Use South Boulevard: Could go 60 ft or 5 stories with existing zoning codes, new state laws could potentially go higher depending on transit assessment. Building is 49 ft wide and 57 ft deep. There is an existing tenant, who has a right of first refusal on a sale, but has stated that they don't intend to exercise it, and an option to extend the lease 2 years past their 3/31/26 expiration, which they've stated they intend to exercise. For buyers, investors that want a leased investment, or a mixed use or residential development opportunity, with in place lease income, this is a positive scenario. As-Is sale. New roof. Current office layout interior has many private offices, conference rooms that could be used as into bedrooms. Buyer to inspect as desired.
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Year Built
- 1978
Home Design
- Duplex
- Tudor Architecture
- Tar and Gravel Roof
Interior Spaces
- 2,900 Sq Ft Home
- 2-Story Property
Parking
- 4 Car Attached Garage
- 5 Carport Spaces
Additional Features
- 5,001 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $114,156
Community Details
Overview
Building Details
- 1 Leased Unit
- Insurance Expense $4,000
- Maintenance Expense $3,600
- Operating Expense $17,448
- Gross Income $114,156
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 13, 2005
Sold by
Clements David W
Bought by
Clements David W
Purchase Details
Closed on
Apr 16, 2004
Sold by
Young Kathryn M
Bought by
Clements David W
Purchase Details
Closed on
Jul 18, 1997
Sold by
Hartson Anson A and Hartson Audrey K
Bought by
Clements David W and Young Kathryn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,236
Interest Rate
7.7%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $465,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $428,236 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/17/2026 03/17/26 | Sold | $1,720,000 | 0.0% | $593 / Sq Ft |
| 03/16/2026 03/16/26 | Price Changed | $1,720,000 | -1.7% | $593 / Sq Ft |
| 02/04/2026 02/04/26 | Pending | -- | -- | -- |
| 02/03/2026 02/03/26 | For Sale | $1,750,000 | 0.0% | $603 / Sq Ft |
| 01/13/2026 01/13/26 | Pending | -- | -- | -- |
| 12/21/2025 12/21/25 | Price Changed | $1,750,000 | -2.8% | $603 / Sq Ft |
| 11/26/2025 11/26/25 | Price Changed | $1,800,000 | -5.3% | $621 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $1,900,000 | -- | $655 / Sq Ft |
Source: MLSListings
Agents Affiliated with this Home
-
Alexander Kent
-
R
Buyer's Agent in 2026
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML82027813
APN: 051-375-210
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