1257 Magnolia Avenue, San Carlos, CA 94070
List Price: $3.5M
Listing Status: Active
0Days on Market: 12
4 Bedrooms · 4 Bathrooms · 3,210 sq ft
Property Type: Residential
Year Built: 1937
Lot Size: 9,344 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: ML82047658
About This Property
Prime San Carlos location! Spacious 4-bedroom, 3.5-bath home with approximately 3,210 sq. ft. of living space on a 9,344 sq. ft. lot. Features include a gourmet kitchen with center island, granite countertops, and stainless-steel appliances; living room with fireplace; sunroom overlooking the pool; and family room with built-in cabinetry. A flexible ground-floor suite offers potential as a junior ADU. Upstairs are two generous bedrooms plus a primary suite with fireplace, jetted tub, double vanity, and walk-in shower. The park-like yard includes an in-ground pool, and the two-car garage with attached room may offer additional ADU potential. INVESTMENT POTENTIAL: Exceptional development opportunity! Included are fully approved, permit-ready plans for nine condominium units. Additional upside may exist to increase the project to as many as 16 units under current zoning and recent state housing laws. Prime transit-oriented location eliminates parking requirements. Extensive due diligence has been completed, including soils reports, surveys, and other key pre-development work. Close to shopping, dining, transportation, and vibrant downtown San Carlos.
Listing provided by: Gregory Garcia DRE #01009536 (650) 556-8660 greggarciahomes@gmail.com, Sequoia Realty Services
Source: CRMLS, MLS #: ML82047658
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.