About 710 Laurel Ave
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.
Features of 710 Laurel Ave
| MLS® # | ML81948828 |
|---|---|
| Price | $14,950,000 |
| Square Footage | 21,345 |
| Acres | 0.53 |
| Year Built | 1959 |
| Type | Multi-Residential |
| Sub-Type | Five or More Units |
| Status | Active |
Community Information
| Address | 710 Laurel Ave |
|---|---|
| Area | Hayward Park |
| City | SAN MATEO |
| County | San Mateo |
| State | CA |
| Zip Code | 94401 |
Amenities
| Utilities | Individual Electric Meters, Individual Gas Meters |
|---|---|
| View | Park, Downtown, Garden/Greenbelt |
| Is Waterfront | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Ceiling Fan |
| Fireplace | No |
Exterior
| Roof | Tar and Gravel Roof |
|---|---|
| Construction | Wood Frame |
| Foundation | Concrete Slab |
Additional Information
| Zoning | R6-D |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jake Anthony |
|---|---|
| Office | Marcus & Millichap |
| Contact Info | 650-787-6707 |