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710 Laurel Ave San Mateo, CA, 94401
$14,950,000 Commercial for sale Other
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.
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Property details
21,345 sqft interior area
View
Downtown, Park
Land area
23,100 sqft (0.53 acres)
Days on Verhouse
168
Address
710 Laurel Ave, San Mateo, CA, 94401
City of California
San Mateo
County
San Mateo
Year Built
1959
District
Listing
Nearby major retailers
Costco
Verizon Wireless
Petco
GNC
Supercuts
Zumiez
Trader Joe's
GameStop
See's Candies
Apple Store
7-Eleven
Dollar Tree
AT&T
T-Mobile
Public Storage
Walgreens
The Home Depot
Ace Hardware
Marshalls
Safeway
NAPA Auto Parts
Pet Food Express
CVS Pharmacy
Macy's
Nordstrom
Jiffy Lube
Whole Foods Market
Ross
TJ Maxx
Wholesale: 1
Mobile phone: 7
Pet: 3
Nutrition supplements: 3
Hairdresser: 2
Clothes: 1
Supermarket: 8
Video games: 2
Confectionery: 1
Electronics: 2
Convenience: 5
Variety store: 1
Storage rental: 17
Chemist: 2
Do it yourself: 3
Department store: 5
Car repair: 2
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Interior Features
Laminate floors
Floor Covering
Laminate
Garage & Parking
Assigned
Listed by
Jacob Anthony, Marcus & Millichap
Name
Jacob Anthony
License number
02059020
Brokerage company
Marcus & Millichap
MLS #
ML81948828
Payment calculator
Calculate your monthly payments
Mortgage
$45,900
Taxes
$0
HOA dues
$0
Mortgage
$2,990,000 / 20%
2.28%
30 years
Your amount
$45,900 / month
Lot details
TMK #034200060
Parcel nr.
034200060
94401 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94401
46%
Families with children
National average: 39%
34%
Non family households
211,376
Population
$179,860
Average Income
Age & gender
Median age 39 years
More info
Commute types
77% commute by car
More info
Education level
32% have bachelor education
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Number of employees
5% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$2.64m
Neighborhood average
sales price*
sales price*
$1.61m
Neighborhood median
sales price*
sales price*
406
Number
of sales*
of sales*
Housing type
49% are single detacheds
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Rooms
32% of the houses have 4 or 5 rooms
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Bedrooms
53% have 2 or 3 bedrooms
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Owners vs Renters
57% are owners
More info
13.5 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Nov 29, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 29, 2023 | New Listing | $14,950,000 | 0 | MLS #ML81948828 |
Taxes of 710 Laurel Ave, San Mateo, CA, 94401
R6-D zoning / MLS #ML81948828
Zoning
R6-D
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Frequently Asked Questions about 710 Laurel Ave
What is 710 Laurel Ave?
710 Laurel Ave is a Commercial/Industrial propertywith 21,345 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
710 Laurel Ave, San Mateo, CA, 94401.
What comparable properties are nearby?
Comparable nearby commercial properties include 2 Park Rd, 1810 El Camino Real, 502 Commercial Ln, 660 Donohoe St, 3000 Alpine Rd, 1000 Bean Hollow Rd.
Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 01, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Draeger's, 0.2 miles away and Dean's Produce, 0.21 miles away.
The 94401 zip area has a population of 211,376, and 46% of the families have children. The median age is 39.56 years and 77% commute by car. The most popular housing type is "single detached" and 57% is owner.
