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 |
| Has Basement | No |
Exterior
| Roof | Foam Roof |
|---|---|
| Foundation | Other Foundation |
School Information
| Attendance Zone | MILLS HIGH SCHOOL, LOMITA PARK ELEMENTARY SCHOOL, TAYLOR MIDDLE SCHOOL |
|---|
Additional Information
| Zoning | R30000 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Tim Gilmartin |
|---|---|
| Office | Gilmartin Group |
| Office Contact | 650-348-2020 |
