Active

710 Laurel AVE

SAN MATEO CA, 94401

$14,950,000


$700.40 per sqft

Active

21,345 sqft

Multi-family

Built in 1959

Listed by Marcus & Millichap, Jacob Anthony, Listing Contact: 6507876707

Located at 710 Laurel Ave in Downtown San Mateo, Park Laurel Apartments, constructed in 1959, features a 21,345 sq ft gross buildable area with renovated studios, one-bedroom, and two-bedroom units. On market for the second time ever, the subject property shares a border with Central Park, offering scenic views of the Japanese Garden. Investors have the opportunity to acquire an extensively renovated asset bordering Central Park in one of the most desirable and sought after neighborhoods in San Mateo County. 18/26 or 69% of the units are complete with in-unit washer/dryers, stainless steel appliances, gas stoves, recessed lighting and updated flooring. Earthquake seismic retrofit complete in 2015. The remaining units provide a new owner the opportunity to increase the revenue even further. 3D tours + additional photos are available by request. One vacancy available for tours by appointment only.

ML81948828

MLS ID

March 14, 2024

Updated

Map

710 Laurel AVE
SAN MATEO CA, 94401

Interior Features

Interior Features

Laminate


Appliances

Dishwasher, Freezer, Refrigerator, Microwave, Oven, Range, Washer


Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s)


Heating

No

Exterior/Building Features

Lot Size

0.53 Acres


Roof

Tar/Gravel

School Information

School District

938

Other Property Details

Area Name

Hayward Park


Association Amenities

Pool, Gated


Garage

No


View

No


County

San Mateo


Pool

Yes


Pool Features

In Ground


Zoning

R6-D


Buyer Agency Compensation

1.25%

Listed by Marcus & Millichap, Jacob Anthony,
Listing Contact: 6507876707 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jeri Richardson-Daines | CA DRE# 01461819, Alicia Nardini | CA DRE# 01701961 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Jeri Richardson-Daines | CA DRE# 01461819, Alicia Nardini | CA DRE# 01701961 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 8:26 PM UTC, 3/14/2024

 

 

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