$5,385,000
840 El Camino Real Belmont, CA 94002
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$5,385,000
Est. payment /mo
5 BD
4.5 BA
13,358 SqFt
Contingent
840 El Camino Real Belmont, CA 94002
UPDATED:
10/28/2024 10:19 PM
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Contingent
Purchase Type For Sale
Square Footage 13,358 sqft
Price per Sqft $403
MLS Listing ID ML81911237
Bedrooms 5
Full Baths 4
Half Baths 1
Year Built 1964
Lot Size 0.310 Acres
Property Description
Another Large Price Reduction. The Seller is Motivated. Well built, well cared for and fully remodeled 15 unit Mixed Use residential building in Belmont CA. This beautiful property boast 13 residential units and 2 retail units with 18 Parking spaces secured behind new electric security gates. The parcel spans the area from El Camino Real to Gordon St . allowing for ingress and egress from both sides of the property. The property is also located in The Belmont Village Specific Plan zoning area which allows for much greater density of development than currently exists. This creates the potential to build as many as 38 units on the site with 2.5 FAR and and a 65 foot height limit. Certain community benefits will need to be met to achieve this greatest density. Ask about Seller Financing
Location
State CA
County San Mateo
Area Belmont Country Club Etc.
Zoning R30000
Interior
Heating Wall Furnace
Cooling None
Laundry Coin Operated
Exterior
Garage Assigned Spaces, Carport , Electric Gate, Gate / Door Opener
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Foam
Building
Foundation Other
Sewer Sewer Connected
Water Public
Others
Restrictions None
Tax ID 045-162-180
Security Features Secured Garage / Parking,Security Fence
Special Listing Condition Not Applicable
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Listed by Tim Gilmartin • Gilmartin Group
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