CA
San Mateo
BELMONT
94002
840 El Camino Real
840 El Camino Real, BELMONT, CA 94002
Listing Type
rental
Listing Status
active
12
$5,385,000

Home Details for 840 El Camino Real

Price
$5,385,000
Type
Rental
Bedrooms
0
Bathrooms
0.0
Square feet
13358
Year built
1964
Lot size acres
0.3100
County
San Mateo
Garage
Days on site
642
MLS Listing#
ML81911237
Listing courtesy: Gilmartin Group - (650) 348-2020
Property 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

Property Features
  • Utilities
    • Individual Electric Meters
    • Individual Gas Meters
  • Cooling Information
    • None
  • Heating Information
    • Wall Furnace
  • House Interior
    • Parking
. Presented by: Tim Gilmartin
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Median Listing Price
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EXIT REALTY KEYSTONE
1361 S. Winchester Blvd. Suite 103, San Jose, CA 95128
CA BRE# 01183425. Margaret Vierra broker., CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
Office
408 550 1487
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