$14,950,000

710 Laurel Avenue, San Mateo CA, 94401

Price per sqft$700.40

Built in1959

Property size21,345 sqft

Property typeCommercial

Overview

Active

Listed Oct 19, 2026

Updated 10 days 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, MJA Equity Investments, Inc., CA DRE 02059020

Listing Contact: 650-787-6707

Based on information from the CRISNet MLS as of 10/22/2026, 4:05 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.