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.
MLS #
ML81948828
MLS Source
MLSListings, Inc.
Days on Site
184
Buyer's Brokerage Compensation*
1.25
Appliances
Dishwasher, Freezer, Ice Maker, Microwave, Oven Range - Gas, Washer/Dryer - Some Units
Flooring
Laminate, Vinyl/Linoleum
Cooling
Ceiling Fan
Heating
Wall Furnace
Roof
Tar/Gravel
Foundation
Slab
Pool
Community Facility
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
Elementary District
San Mateo-Foster City Elementary
High School District
San Mateo Union High
Water
Other
Complex Amenities
Additional Storage, Barbecue Area, Community Pool, Community Security Gate, Other
Zoning
R6-D
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 25 | 26 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 400 | 0 | 1/0 | $2,600 | $2,650 | 6 |
2 | 900 | 2 | 1/0 | $3,800 | $3,800 | 2 |
3 | 650 | 1 | 1/0 | $2,450 | $3,250 | 18 |
710 Laurel Ave is a Residential Income in San Mateo, CA 94401. This 21,345 square foot property sits on a 0.53 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $14,950,000 and was built in 1959.
This address can also be written as 710 Laurel Ave, San Mateo, CA 94401.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of May 31, 2024. For the most current information, please contact Jacob Anthony, (650) 787-6707