$4,200,000
577 Laurel St, San Carlos 94070
AddressIntel AI Briefing
Redeveloping this site produces heavily negative yields due to the tiny 3,900 sqft lot size and restrictive FAR. SB 9 split is completely blocked, making any density upgrades impossible. The best alternative is keeping the property as-is or performing light interior renovations.
Property Permit History
Recent Neighborhood Remodeling (San Carlos)
Parcel & Zoning Info
Seller Motivation
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
Fire Severity
Liquefaction
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
Arroyo
San Carlos Elementary
Central Middle
San Carlos Elementary
Redwood High
Sequoia Union High
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
87/100
Based on recent sales velocity and local demand in 94070.
Flippability Score
5/100
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 4 recent multi-family sales in San Carlos (94070): $520/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. No size-matched sales in San Carlos, so this median mixes build sizes and reads high for a large rebuild.
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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Carlos 94070)
No size-matched sales in San Carlos, so these are unmatched on size and the ARV below is a loose estimate.