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1257 Magnolia Avenue San Carlos CA 94070
Price $ 3,495,000
Listing ID ML82047658
Status Active
Property Type Single Family Residence
County San Mateo
Beds 4
Baths 3 Full  1 Half
House Size 3210
Year Built 1937
Days on website 7
Description
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.
Location
Financial Information
List Price: $ 3495000
Property Features
Appliances: Dishwasher, Disposal, Refrigerator, Washer
Flooring: Tile, Wood
Foundation Details: Slab
High School District: Other
Lot Features: Level
Water Source: Public
High School District: Other
MLS Area Major: 699 - Not Defined
City: San Carlos
Listed By:   Gregory Garcia   Sequoia Realty Services 
CA Lic#
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