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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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710 Laurel Avenue,  San Mateo CA, 94401

(Active)
$14,950,000
|
21,345 sqft
|
MLS# ML81948828
Last Updated: 5/18/2024 12:22 AM
Description for 710 Laurel Avenue San Mateo, CA 94401
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.
Price
$14,950,000
San Mateo
21,345 (approx)
ML81948828
Active
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.
Listing Information
Property Type: Business Opportunities, Other
0.53 Acres Assessor 21,345 (approx)
1959 Yes-26 spaces
Other
1 Total
Neighborhood
School Information
District: Other
Room Information
Interior Features
Other, Wall Furnace
Exterior / Lot Features
26 Carport Spaces, 0 Covered Parking Spaces,
Tar Gravel
R6-D
Driving Directions
Cross Street: 7th
Financial Considerations
034200060
$168,756
Listing Price History

San Mateo Real Estate

San Mateo is located in California. San Mateo, California 94401 has a population of 104,813.

The median household income in San Mateo, California 94401 is $107,471. The median household income for the surrounding county is $129,972 compared to the national median of $66,222. The median age of people living in San Mateo 94401 is 42 years.

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Listing Agent: Jacob Anthony CalDRE: 02059020 - Marcus & Millichap
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This content last refreshed on 5/18/2024 12:22 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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