Under contract
Contingent
840 El Camino Real
BELMONT CA, 94002
$5,385,000
$403.13 per sqft
Under contract
Contingent
13,358 sqft
Multi-family
Built in 1964
Listed by Gilmartin Group, Tim Gilmartin, Listing Contact: 6503482020
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
ML81911237
MLSⓇ ID
October 22, 2022
Listed
October 28, 2024
Updated
Map
840 El Camino Real
BELMONT CA, 94002
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.31 Acres
School Information
School District
Belmont-Redwood Shores Elementary
Other Property Details
Area Name
Belmont Country Club Etc.
Garage
No
Parking Total
2
View
No
County
San Mateo
Water Source
Public
Pool
No
Zoning
R30000
Listing History
Date | Event | Price |
|---|---|---|
10/28/2024 | Under contract | — |
9/3/2024 | Active | — |
8/2/2024 | Under contract | — |
5/13/2024 | Price change | $5,385,000 -6% |
4/2/2024 | Price change | $5,685,000 -8% |
Listed by Gilmartin Group, Tim Gilmartin,
Listing Contact: 6503482020
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Data last updated 10:50 PM UTC, 10/28/2024