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Hua "Maggie" Li

homes@maggielirealtor.com +1(650) 533-7351

$ 14,950,000

Est. payment -/mo

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Active

710 Laurel AVE San Mateo, CA 94401

3 Beds

3 Baths

21,345 SqFt

UPDATED:

09/01/2024 03:45 PM

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 21,345 sqft

Price per Sqft $700

MLS Listing ID ML81948828

Bedrooms 3

Full Baths 3

Year Built 1959

Lot Size 0.530 Acres

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.

Location

State CA

County San Mateo

Area Hayward Park

Building/Complex Name Park Laurel Apartments

Zoning R6-D

Rooms

Other Rooms Storage

Kitchen Dishwasher, Freezer, Ice Maker, Microwave, Oven Range - Gas, Refrigerator

Interior

Heating Wall Furnace

Cooling Ceiling Fan

Flooring Laminate, Vinyl / Linoleum

Laundry Washer/Dryer - Some Units

Exterior

Garage Assigned Spaces, Carport

Pool Pool - In Ground

Community Features Additional Storage, BBQ Area, Community Pool, Community Security Gate, Other

Utilities Available Individual Electric Meters, Individual Gas Meters

View Downtown, Garden / Greenbelt, Park

Roof Type Tar and Gravel

Building

Foundation Concrete Slab

Sewer Sewer Connected

Water Other

Others

Restrictions Pets - Restrictions

Tax ID 034-200-060

Miscellaneous Security Gate,Skylight,Video / Audio System,Walk-in Closet ,Other

Security Features Fire Alarm ,Secured Garage / Parking,Security Fence,Video / Audio System

Special Listing Condition Not Applicable

Listed by Jacob Anthony • Marcus & Millichap

Hua "Maggie" Li

Agent | License ID: 01947004

+1(650) 533-7351

Hua "Maggie" Li

710 Laurel AVE San Mateo, CA 94401

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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710 Laurel AVE