840 El Camino Real, BELMONT, CA

$6,150,000

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13,358

Square feet

0.31

Acres

About 840 El Camino Real

SELLER FINANCING AVAILABLE! 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

Features of 840 El Camino Real

MLS® # ML81911237
Price $6,150,000
Square Footage 13,358
Acres 0.31
Year Built 1964
Type Residential Income
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

AgentTim Gilmartin
OfficeGilmartin Group
Office Contact650-348-2020

Listing Map

Listing Schools/Amenities

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Listing Price, Sale, & Status History

Price Reduced from $6,750,000 to $6,150,000
Price Reduced from $7,480,000 to $6,750,000
Price Reduced from $7,980,000 to $7,480,000