840 El Camino Real

BELMONT, CA, 94002

$7,480,000

$559 per ft²
$7,480,000
$559 per ft²
Active
Active
 - For Sale
carpenters-square
13,358 ft²
property_type
Commercial
calendar
Built 1964
Take Another look after this $500,000 price improvement. 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. Adjacent parcels may be available also
MLS® ID:
ML81911237
Updated:
12/5/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Coin Operated
Cooling
None
Heating
Wall Furnace

Exterior/Building Features

Lot Size
0.31 acres lot
Roof
Foam
Sewer
Sewer Connected

Other Property Details

Area Name
362
Garage
Yes
Parking
Assigned Spaces, Carport, Electric Gate, Gate / Door Opener
Parking Total
2.0
View
Y
County
San Mateo
Utilities
Individual Electric Meters, Individual Gas Meters
Water Source
Public
Pool
Yes
Zoning
R30000

Property History

Date
Event
Price
Value
12/2/22
Price Change
$7,480,000
-6%

Courtesy of Gilmartin Group, Tim Gilmartin,
Listing Contact: 650-348-2020 

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Data last updated 12:22 AM UTC, 12/5/22

 

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