710 Laurel AVE Active Save Request In-Person Tour Request Virtual Tour
San Mateo,CA 94401
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