Rare opportunity for development in the mid-Peninsula of the Silicon Valley. Walking distance to San Carlos Downtown and public transportation. Property being sold in conjunction with 501 Cedar Street and 517 Cedar Street. Lot size for all three parcels is approximately 17,784 sq. ft. Property has potential as a development project. Zoning is RM-59 per City of San Carlos. Property is currently under lease = income potential. Buyer should verify all information for accuracy at Building/Planning/Zoning Departments with City of San Carlos.