Property Overview:
616 Cedar St is a multi-family Mediterranean triplex in San Carlos, CA, built in 1936. It features a front owner’s unit and 2 studio units in the back, totaling 5 bedrooms, 4 bathrooms, and 2,533 sq. ft. of living space. The property is zoned R4 “AS-IS” and currently generates a total monthly rent of $3,750. Additional features include a parking garage, fireplace, and cooling system.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 3.3% (much 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 schools include Central Middle, Arroyo, Redwood High, and San Mateo County Special Education.- Average SAT score: 1039 (534 Math, 505 English)—above state average of 975.
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Job Market:
- 71.4% white-collar jobs, 28.6% blue-collar jobs.
- Unemployment rate: 1.8% (well below state average of 4.7%).
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Demographics:
- Community population: 28,104 (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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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.
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Cost of Living:
- Median household income: $100,859.
- Average annual spending: $69,772.
Property Features:
- Mediterranean triplex with front owner’s unit and 2 studios in the back.
- 5 bedrooms, 4 bathrooms, 2,533 sq. ft.
- Parking garage, fireplace, and cooling system.
- Built in 1936 with classic architectural details.
- Zoned R4 “AS-IS”—potential for investment or owner-occupancy.
- Current total monthly rent: $3,750.
Location Benefits:
- Family-friendly community with strong school options and high SAT scores.
- Low crime rates and growing population.
- Commuter access to local amenities and employment centers.
- Ideal for investors or those seeking multi-generational living.