840 El Camino Real, BELMONT, CA

$5,385,000

Previous Next

13,358

Square feet

0.31

Acres

About 840 El Camino Real

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

Features of 840 El Camino Real

MLS® # ML81911237
Price $5,385,000
Square Footage 13,358
Acres 0.31
Year Built 1964
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 840 El Camino Real
Area Belmont Country Club Etc.
City BELMONT
County San Mateo
State CA
Zip Code 94002

Amenities

Utilities Individual Electric Meters, Individual Gas Meters
Parking Spaces 2
Is Waterfront No

Interior

Heating Wall Furnace
Cooling No Cooling
Fireplace No

Exterior

Roof Foam Roof
Foundation Other Foundation

Additional Information

Zoning R30000
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTim Gilmartin
OfficeGilmartin Group
Contact Info650-348-2020

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?