710 Laurel Avenue
710 Laurel Avenue
$14,950,000
—
21,345
21,345
$700
Virtual Tour
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...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.
- Listed by Jacob Anthony • DRE #02059020 • Brokerage DRE #01240999 • Marcus & Millichap • 650-787-6707
Property Details for 710 Laurel Avenue
MLS City Name
SAN MATEO
Building TypeOther
Complex NamePark Laurel Apartments
Garage Spaces0
Parking Spaces0
ViewDowntown, Garden / Greenbelt, Park
Cross Street7th
Location
LISTING UPDATED: 02/29/2024 10:04 AM
Property Details for 710 Laurel Avenue
Status | Active |
---|---|
MLS # | ML81948828 |
Days on Compass | 151 |
Taxes | $168,756 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units / Five or More Units |
Year Built | 1959 |
Lot Size | 0.53 AC / 23,100 SF |
County | San Mateo County |
Location
Virtual Tour
Building Information for 710 Laurel Avenue
Stories-Residences-Year Built1959Building Size-Lot Size0.53 AC / 23,100 SF
Payment Calculator
$95,651 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 710 Laurel Avenue
Property History for 710 Laurel Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 710 Laurel Avenue
Taxable ValueLand$5,967,165Additions$5,927,278Total$11,894,443
Tax Record2023$164,268 ($13,689 / month)
Home Facts
Baths3Total Finished SqFt21,345 SqFtAbove Grade Finished SqFt21,345 SqFtStories3Lot Size23,100 SqFtStyleMulti-Family Res (5+ Units)Year Built1959CountySAN MATEOAPN034-200-060
Schools near 710 Laurel Avenue
This home is within San Mateo Union High School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Sunnybrae Elementary School PublicK to 5 | ||
Borel Middle School Public6 to 8 | ||
Aragon High School Public9 to 12 | ||
Peninsula High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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