840 El Camino Real, Belmont, CA 94002
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Listed Price :
$5,385,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1964
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
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
840 El Camino Real |
City |
Belmont |
State |
CA |
Zip |
94002 |
County |
San Mateo |
Listing Agent |
Tim Gilmartin DRE #00841354 |
Courtesy Of |
Gilmartin Group |
List Price |
$5,385,000 |
Status |
Active |
Type |
Commercial |
Structure Size |
N/A |
Lot Size |
13,503 |
Year Built |
1964 |
Listing information courtesy of: Tim Gilmartin, Gilmartin Group. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.