Property Overview:
25 Highland Ave is a unique opportunity in San Carlos, CA, consisting of three separate parcels (each with its own tax bill and APN). Two parcels are vacant land and one has an old, occupied home (expected to be torn down). The entire property is being sold together as vacant land; no individual lot sales.
- Lot 110: 5,282 sq. ft.
- Lot 120: 4,940 sq. ft.
- Lot 130: 4,560 sq. ft.
- The existing home (built in 1926) is 2 bedrooms, 2 bathrooms, 1,100 sq. ft.
- Offers due: Wednesday, May 15th at 10am.
- No reports or plans; buyer to verify with the City of San Carlos.
Neighborhood Highlights:
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Population: 28,104 residents (13% growth since 2000)
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Family-oriented: 68% families with children
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Largest age groups:
- 45-54 years: 17.6%
- 35-44 years: 17.2%
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Crime Rate:
- Personal crime risk: 3.3% (lower than state average of 11.8%)
- Property crime risk: 4.5% (lower than state average of 10.8%)
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Schools:
- Nearby: Arundel Elementary, Central Middle, Carlmont High, San Mateo County Special Education
- Average SAT score: 1039 (higher than state average of 975)
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Job Market:
- 71.4% white-collar jobs, 28.6% blue-collar jobs
- Unemployment rate: 1.8% (lower than state average of 4.7%)
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Cost of Living:
- Median household income: $100,859
- Average annual spending: $69,772
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Natural Disaster Risk:
- Low flood risk
- Low tornado risk
- High earthquake risk
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Weather:
- Average temperature: 52.1°F (January), 76.8°F (July)
- Average rainfall: 20.3 inches/year
- Average snowfall: 0 inches/year
Property Features:
- Three parcels sold together (no individual sales)
- Two vacant lots and one lot with an old, occupied home
- Home expected to be torn down; offers subject to viewing after contract
- No existing plans or reports; buyer to investigate development potential
- Total land area: ~14,782 sq. ft.
- Parking garage included with existing home
- Previous sale: $3,000,000 (6/12/2019)
- Estimated current value: $1,135,000
Location Benefits:
- Desirable San Carlos community
- Highly rated schools
- Safe, family-friendly neighborhood
- Strong job market and high median income
- Mild weather year-round
- Low crime and natural disaster risk (except earthquakes)
- Ideal for redevelopment or building your dream home