Property is zoned MD-100 and 14-19 condo units are allowed subject to city zoning and design guidelines. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process. . Additionally after set backs but before other city requirements up to 23,000 square foot of total square footage could be possible. A yield analysis proposal of services from local architect who has designed several recent condo projects in San Carlos is available. This property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements (buyer to verify this information to their satisfaction). While prudent project design would suggest a minimum amount of parking on-site, it does not necessarily cause any design limitations as with other properties that are not in the AB 2097 zone (1/2 mile from public transit).