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$1,065,000

1001 Laurel St Unit 316, San Carlos 94070

Beds2
Baths2
Sqft1,094
DOM212
No Photos Available

AddressIntel AI Briefing

Liquefaction risk unit with stable price history compared to nearby identical sales. Predictable exit strategy exists with minimal structural overhead required.

Property Permit History

DateProject TypeStatusValuationContractor
2025-05-01Building (Residential) - Window ReplacementFinaled$750Owner Builder
2025-01-21Building (Residential) - MiscellaneousFinaled$2,500COLLINS DEBORAH L TR,COLLINS DEBORAH L TRUST
2025-01-03Building (Residential) - MiscellaneousExpired$19,050Owner Builder
2024-02-01Building (Residential) - Bathroom RemodelFinaled$8,000O S E HORIZON ENTERPRISE INC
2023-10-06Building (Residential) - Window ReplacementFinaled$28,954Owner Builder

Recent Neighborhood Remodeling (San Carlos)

2026-10-21 • 2013 ST FRANCIS WAY SAN CARLOS CA 94070
Building Residential-Interior Remodel
$26,000Issued
2026-10-20 • 1800 HOWARD AVE SAN CARLOS CA 94070
Building Residential- Addition
$450,000Issued
2026-10-20 • 728 ELM ST SAN CARLOS CA 94070
Building Residential-Bathroom Remodel
$44,000Issued
2026-10-20 • 431 HILLCREST RD SAN CARLOS CA 94070
Building Residential-New Single Family
$702,000Issued
2026-10-19 • 1180 ROSEWOOD AVE SAN CARLOS CA 94070
Building Residential- Addition
$250,000Issued
2026-10-16 • 2525 NANETTE DR SAN CARLOS CA 94070
Building Residential- Addition
$455,432Issued

Parcel & Zoning Info

APN114490330
Official Lot Sqft1,034
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score20/100
Price / Sqft$974 vs $848 mkt
Price vs Market+14.8% Above market
Est. Rent$3,698/mo

2 units in this building are on the market now (median $1,020/sqft).

Price positioning vs. 90 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Arroyo

San Carlos Elementary

0.4 miles away
Middle School

Central Middle

San Carlos Elementary

0.4 miles away
High School

Redwood High

Sequoia Union High

0.7 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

81/100

Based on recent sales velocity and local demand in 94070.

Flippability Score

45/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 12 recent condo sales in San Carlos (94070): $894/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,600 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$880,000
New Build1,600 sqft
Total Capital Required$2,120,000
Estimated Resale (ARV)$1,502,400
Cost of Sale (5%)-$75,120
Carry (33mo @ 7%)-$306,556
Net Proceeds$1,120,724

Projected Profit

-$999,276
-47.1% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Carlos 94070)

Sized to the modelled 1,600 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3368 LA Mesa Dr Apt 12

Sold
$1,125,000
Sold: 2026-10-05
Lot: 1,434
Sqft: 1239
$/Sqft: $908

657 Walnut St Apt 303

Sold
$1,485,000
Sold: 2026-09-30
Lot: -
Sqft: 1223
$/Sqft: $1,214

402 Portofino Dr Apt 3

Sold
$1,000,000
Sold: 2026-09-18
Lot: 1,084
Sqft: 1570
$/Sqft: $637

657 Walnut St Apt 540

Sold
$1,485,000
Sold: 2026-08-13
Lot: 1,241
Sqft: 1223
$/Sqft: $1,214

416 Portofino Dr Apt 303

Sold
$1,030,000
Sold: 2026-08-10
Lot: 1,424
Sqft: 1250
$/Sqft: $824

416 Portofino Dr # 15

Sold
$1,030,000
Sold: 2026-08-10
Lot: 36,679
Sqft: 1250
$/Sqft: $824

793 Elm St Apt 21

Sold
$1,256,000
Sold: 2026-07-31
Lot: -
Sqft: 1519
$/Sqft: $827

657 Walnut St Apt 423

Sold
$1,465,000
Sold: 2026-07-27
Lot: -
Sqft: 1223
$/Sqft: $1,198

520 El Camino Real Ste 309

Sold
$1,310,000
Sold: 2026-07-02
Lot: -
Sqft: 1424
$/Sqft: $920

793 Elm St Apt 23

Sold
$1,330,000
Sold: 2026-06-16
Lot: -
Sqft: 1512
$/Sqft: $880

3362 LA Mesa Dr Apt 5

Sold
$968,000
Sold: 2026-05-21
Lot: 237,489
Sqft: 1239
$/Sqft: $781

560 El Camino Real Apt 406

Sold
$1,450,000
Sold: 2026-05-08
Lot: -
Sqft: 1265
$/Sqft: $1,146