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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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840 El Camino Real,  Belmont CA, 94002

(Active)
$5,385,000
|
13,358 sqft
|
MLS# ML81911237
Last Updated: 5/18/2024 2:35 AM
Description for 840 El Camino Real Belmont, CA 94002
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
Price
$5,385,000
San Mateo
13,358 (approx)
ML81911237
Active
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
Listing Information
Property Type: Business Opportunities, Other
0.31 Acres Assessor 13,358 (approx)
1964 Yes-16 spaces
Public
1 Total
Neighborhood
School Information
District: Other
Room Information
Interior Features
None
Other, Wall Furnace
Exterior / Lot Features
16 Carport Spaces, 2 Parking Spaces, 0 Covered Parking Spaces,
Foam
R30000
Driving Directions
1 block north of Ralston Ave. on El Camino Real Cross Street: Hill St.
Financial Considerations
045162180
$67,650
Listing Price History

Belmont Real Estate

Belmont is located in California. Belmont, California 94002 has a population of 26,292.

The median household income in Belmont, California 94002 is $159,480. The median household income for the surrounding county is $129,972 compared to the national median of $66,222. The median age of people living in Belmont 94002 is 42 years.

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Listing Agent: Tim Gilmartin CalDRE: 00841354 - Gilmartin Group
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This content last refreshed on 5/18/2024 2:35 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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