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29597964
29597965

1650 S Delaware St, San Mateo, CA 94402

RL
CA 01816798
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto
Unpriced
117 days on market
Updated 106 days ago

Azara

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 72,689
Units 74
Occupancy 97%
Class A
Year Built 2021
Buildings 1
Investment Type Core

74-Unit Luxury Apartment Community in San Mateo, CA

Marketing description

Institutional Property Advisors is pleased to present Azara, a newly constructed, 74-unit luxury apartment community in the heart of the San Francisco Peninsula, a premier Bay Area region characterized by strong employment fundamentals, high barriers to entry, and consistent rental demand. The property is located in San Mateo, CA, with strategic proximity to the major employment centers of San Francisco, Oyster Point, the broader Peninsula, and Silicon Valley. Azara further benefits from direct adjacency to the Hayward Park Caltrain Station, walkable access to several major office campuses, and close proximity to downtown San Mateo’s shopping, dining, and lifestyle amenities.

Investment highlights

  • Rare San Francisco Peninsula Investment Opportunity

  • Exceptional Physical Plant with Distinctive Contemporary Design

  • Comprehensive Resort-Style Amenity Package

  • Strong Leasing and Operating Momentum

  • Dynamic Mid-Peninsula Employment Base

  • Robust Renter Demand Supported by Strong Housing Fundamentals

  • Direct Proximity to Transit & Lifestyle Amenities

Listing Contacts

RL
CA 01816798
Marcus & Millichap - Palo Alto
Listed by Marcus & Millichap - Palo Alto

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Additional Information

Name
Rob LeDoux
License
01816798
Brokerage
Institutional Property Advisors and Marcus & Millichap
Brokerage Phone
650-465-2939
Brokerage Address
2626 Hanover Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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