Property Overview:
440 Walnut St is a multi-family residential complex in San Carlos, CA 94070, built in 1929. The property consists of two single-story duplexes (4 units: 1BR/1BA each) and a 7-unit, 2-story apartment building (6 units: 1BR/1BA, 1 unit: 2BR/2BA), totaling 12 bedrooms, 1 bathroom (per unit), and 6,943 sq. ft. of living space. Features include carport parking, storage lockers, laundry facility, and a parking garage.
Neighborhood Highlights:
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Population:
- 28,104 residents (13% growth since 2000)
- 68% families with children
- Largest age group: 45-54 years (17.6%), followed by 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: Central Middle, Arroyo, San Mateo County Special Education, San Mateo County Regional Occupational Program
- 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:
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Unit Mix:
- 4 units: 1BR/1BA (single-story duplexes)
- 6 units: 1BR/1BA (2-story building)
- 1 unit: 2BR/2BA (2-story building)
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Amenities:
- Carport parking
- Storage lockers
- Laundry facility
- Private outdoor patios (select units)
- Hardwood floors, new paint, new carpet (select units)
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Sample Lease Terms (for 1BR unit):
- Rent: $2,150/month
- Deposit: $1,000
- 1-year minimum lease
- No pets, no smoking
- Water and garbage included
Location Benefits:
- Prime downtown San Carlos location (cross street: Holly)
- Walking distance to CalTrain station and Laurel Street (restaurants, shops, markets)
- Easy access to Highways 101 and 280
- Perfect for commuters and those seeking a vibrant, walkable neighborhood