$14,950,000

710 Laurel Avenue, San Mateo CA, 94401

Price per sqft$700.40

Built in1959

Property size21,345 sqft

Property typeCommercial

Listed by Jake Anthony CA DRE# 02059020 with MJA Equity Investments, Inc. 650-787-6707

Overview

Active

Listed Oct 19, 2026

Updated 13h ago

MNM Realty Group is pleased to offer 14 tenant-in-common (TIC) positions in Park Laurel Apartments. Together they make up a 64.75% undivided interest in a renovated 26-unit apartment community at 710 Laurel Avenue, bordering Central Park in downtown San Mateo. Individual positions range from 0.70% to 32.00% and may be bought on their own or combined. Each is priced pro rata to a $14,950,000 property valuation ($575,000 per unit). The property has received more than $1.3 million in capital improvements, including a seismic retrofit. Eighteen of the 26 units have been fully renovated with in-unit washer/dryers, new kitchens and modern baths. Amenities include a heated pool, a rare feature in the area, and the property has a Walk Score of 97. It sits about 2 miles from Burlingame Avenue and 10 minutes from SFO. TIC positions offer investors a fractional entry into a supply-constrained Peninsula multifamily asset with remaining value-add upside as market rents continue increasing

Additional information

MLS^® ID: ML82065118

Interior Features

Bathrooms: 0
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.53 Acres

Other Property Details

Taxes: $168,000
Tax Frequency: Annually
Maintenance Expense: $11,700

Listed by Jake Anthony CA DRE# 02059020 with MJA Equity Investments, Inc. 650-787-6707

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/21/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/21/2026 at 4:53 AM UTC Last Checked: 4:53 AM UTC