710 Laurel Avenue, San Mateo, CA 94401

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Property Description

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.


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 710 Laurel Avenue
City San Mateo
State CA
Zip 94401
County San Mateo
Listing Agent Jacob Anthony DRE #02059020
Courtesy Of Marcus & Millichap
List Price $14,950,000
Status Active
Type Commercial
Structure Size N/A
Lot Size 23,100
Year Built 1959

Listing information courtesy of: Jacob Anthony, Marcus & Millichap. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 1st, 2024 at 4:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.