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$4,900,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 5,554 Sq. Ft.
  • 0.0895 Acres
  • Updated 12 hours ago
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Rare opportunity to acquire a 5-unit mixed-use building in the heart of Downtown San Carlos. 577 Laurel Street combines four residential units with prominent ground-floor commercial frontage 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.

Full Property Details for 577 Laurel St

General

  • Price: $4,900,000
  • Status: Active
  • Type: Commercial
  • Source: San_Francisco
  • MLS ID: 426130023
  • Updated: 5/14/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Other

Parking

  • Parking Features: Covered, Private

Location

  • Area: San Carlos
  • County: San Mateo
  • Cross Streets: San Carlos Avenue

Heating & Cooling

  • Cooling Type: Individual Air
  • Heating Type: Central

Utilities

  • Utility Description: Internet Available, Natural Gas Connected, Primary Gas Meter, Primary Water Meter, Separate Gas Meter, Separate Water Meter, Sewer Connected

Structural Information

  • Structure Type: Apartment, Mixed Use, Retail
  • Stories/Levels: 3
  • Square Feet: 5,554
  • Sq. Ft. Source: Assessor Auto-Fill
  • Living Area: 5,554 Sq. Ft.
  • Current Bldg. Use: Mixed Use, Residential, Retail
  • Year Built: 2003

Lot Features

  • Lot Size (Acres): 0.0895
  • Lot Size (Sq. Ft.): 3,900
  • Lot Features: Low Maintenance, City Lot, Near Public Transit, Shopping Nearby
  • Zoning: MU-DC-100

Financial Considerations

  • For Sale: Yes
  • Tenant Pays: Electricity, Gas

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 50074170

Listed by Compass, Marco Barretto and Compass, Mark R Chow

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Listing agents

— 577 Laurel St —

  • Marco Barretto

    Compass

  • Mark R Chow

    Compass

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 577 Laurel St

School Districts:San Carlos Elementary School District, Sequoia Union High School District
NameGradesDistance
Arundel Elementary School
200 Arundel Road, San Carlos, CA 94070
K-30.7 mi
Mariposa Upper Elementary School
750 Dartmouth Avenue, San Carlos, CA 94070
4-51.4 mi
Tierra Linda Middle School
750 Dartmouth Avenue, San Carlos, CA 94070
6-81.4 mi
Carlmont High School
1400 Alameda de las Pulgas, Belmont, CA 94002
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 577 Laurel St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/14/2026
Listed
$4,900,000
2350%
MLS
1/06/2000
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 577 Laurel St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,097
13%
$1,114,347
2%
2024
$16,939
-15%
$1,092,498
2%
2023
$19,866
1%
$1,071,078
2%
2022
$19,633
4%
$1,050,077
2%
2021
$18,914
3%
$1,029,488
1%
2020
$18,311
1%
$1,018,932
2%
2019
$18,194
6%
$998,954
2%
2018
$17,181
5%
$979,368
2%
2017
$16,291
2%
$960,166
2%
2016
$15,921
1%
$941,340
2%
2015
$15,793
3%
$927,201
2%
2014
$15,375
4%
$909,039
—
2013
$14,730
—
$904,931
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Compass, Marco Barretto and Compass, Mark R Chow

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577 Laurel Street, San Carlos, CA 94070 (MLS# 426130023) is a Commercial property. 577 Laurel Street is currently listed for $4,900,000 and was received on May 14, 2026. Want to learn more about 577 Laurel Street? Do you have questions about finding other Commercial real estate for sale in San Carlos? You can browse all San Carlos real estate or contact a Coldwell Banker agent to request more information.

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