$5,385,000
( $403.13Per Sq Foot )
 $28,908 est/mo Sourced by Back At You

840 El Camino Real , Belmont, CA 94002

Belmont, CA 94002

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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

Details

MLS#ML81911237
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1964
Days On Site746
Listing Provided ByGilmartin Group (650) 348-2020 | Tim Gilmartin

Features

SQ Feet13,358
Car PortYes
Building(s)1
ZoningR30000
Acreage0.31

Market Activity 94002

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 4 seconds ago
StateCA
CountySan Mateo
CityBelmont
Zip Code94002
Area699 Not Defined
Listing VS Median (in 94002)
Price:
$5,385,000
low | high
Med:
$1,849,500
100% of Average
SqFt:
13,358
low | high
Med:
1,415
100% of Average
$ / SqFt:
$403
low | high
Med:
$1,319
100% of Average
On Site:
746
low | high
Med:
22.000000
100% of Average
Sourced by Back At You
Listing Updated: November 1, 2024 at 5:19:21 AM PDT