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.
Lot/land
$1,400,000
987 Laurel St, San Carlos, CA 94070
--beds
--baths
3,000Square Feet
Residential Development Land, Unimproved Land
Built in ----
3,000 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 19 days
- 176
- 0
Zillow last checked:
Listing updated:
Listed by:
Alexander Kent 01718732 650-793-0541,
Compass 415-660-9955
Source: MLSListings Inc,MLS#: ML82044092
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: None
Lot
- Size: 3,000 Square Feet
- Features: Other
Details
- Additional structures: Other
- Parcel number: 051358020
- Zoning: MU-N-50: retail, office,
- Special conditions: Standard
Utilities & green energy
- Gas: NaturalGas, PublicUtilities
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Public Utilities, Water Public
Community & HOA
Location
- Region: San Carlos
Financial & listing details
- Date on market: 4/22/2026
- Listing agreement: ExclusiveAgency
Estimated market value
Not available
Estimated sales range
Not available
$4,628/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Listed for sale | $1,400,000 |
Source: | ||
| 8/1/2026 | Listing removed | $1,400,000 |
Source: | ||
| 6/23/2026 | Price change | $1,400,000-15.2% |
Source: | ||
| 6/12/2026 | Price change | $1,650,000-10.8% |
Source: | ||
| 5/16/2026 | Price change | $1,850,000+2.8% |
Source: | ||
| 12/22/2025 | Price change | $1,800,000-2.7% |
Source: | ||
| 11/26/2025 | Price change | $1,850,000-7.5% |
Source: | ||
| 11/16/2025 | Listed for sale | $2,000,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 94070
Nearby schools
Schools provided by the listing agent
- District: SanCarlosElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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