64 Laurel ST, San Carlos, CA 94070

$5,500,000
5
BD
3,944
SqFt

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Listed by Vincent Armando, 415-860-4527 from Armando Investment
(If provided) CoList: from

List Price
$5,500,000
MLS#
ML82035440
Status
ACTIVE
Zoning
RM-100
Sqft. of Residence
3,944
Lot Size
8,088
Listing Area
Cordes Etc.

Property Description

Property is zoned MD-100, there are preliminary plans as reviewed by the city of San Carlos for 15 upscale condos(some with bay views). Zoning allows 14-19 units and a total of approximately 24,265 square feet of total project size. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process. The property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements. (Buyer to verify all information to their satisfaction.)

Additional Information

Cooling System
None
Foundation
Concrete Perimeter and Slab
Garage Parking
Assigned Spaces
Heating System
Gas
Living Area
3,944
Lot Description
Grade - Mostly Level, Views
Lot Size
8,088
Neighborhood
Cordes Etc.
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer Connected
Unincorporated Yn
Yes
View
Bridge
Zoning
RM-100

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Calculator source: Real Geeks

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