128 Elm Street, San Carlos, CA 94070

Local realty services provided by:CENTURY 21 Masters
128 Elm Street,San Carlos, CA 94070
$2,000,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: matthew flaherty
Office: colliers international
MLS#:426172805
Source:CABCREIS

Price summary

  • Price:$2,000,000

About this home

128-140 Elm Street, a 4-unit apartment community in San Carlos, CA. Located half a mile from downtown San Carlos, the property places residents within walking distance of Laurel Street's restaurants and shops and approximately half a mile from the San Carlos Caltrain Station, which provides direct rail service to San Francisco and San Jose. Boasting a Walk Score of 85, the property also sits less than half a mile from El Camino Real and approximately one mile from U.S. 101, with Natera's San Carlos campus (approximately one mile) and Oracle's Redwood Shores campus (approximately two miles) among the major employers within a short commute. Comprising (4) One-Bedroom, One-Bathroom units, each with a private garage and separately metered gas and electricity, the property offers over 15% in potential rent growth, with in-place rents averaging $2,420 per unit against a projected market rent of $2,800. The resulting $380 monthly gap per unit equates to a 13.57% loss-to-lease and $18,240 in...

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Home facts

  • Listing ID #:426172805
  • Added:1 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Structure and exterior

  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,000,000
The information being provided by San Francisco Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the San Francisco Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by San Francisco Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. CABCREIS Member Broker: Romeo Aurelio