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710 Laurel Avenue, San Mateo, CA 94401
Priced at Only: $14,950,000
For more Information Call Mobile: 714.478.6676
Address: 710 Laurel Avenue, San Mateo, CA 94401
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  • MLS#: ML81948828 ( )
  • Street Address: 710 Laurel Avenue
  • Viewed: 2
  • Price: $14,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 392
  • Additional Information
  • County: SAN MATEO
  • City: San Mateo
  • Zipcode: 94401
  • Provided by: Marcus & Millichap
  • Contact: Jacob Jacob
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 21345.00
Carport Spaces
  1. 26.00
Heating
  1. Wall Furnace
Insurance Expense
  1. 19362.00
Otherexpense
  1. 45307.00
Parcel Number
  1. 034200060
Roof
  1. Tar/Gravel
Totalexpenses
  1. 308220.00
Trash Expense
  1. 9143.00
Water Source
  1. Other
Year Built
  1. 1959
Year Built Source
  1. Assessor
Zoning
  1. R6-D
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Mobile: 714.478.6676
  5. Fax: 714.975.9953
  6. salesbyxavier@gmail.com
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