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
MLS #
ML81911237
MLS Source
MLSListings, Inc.
Laundry
Coin Operated
Cooling
None
Heating
Wall Furnace
Roof
Foam
Foundation
Other
Garage/Parking
Assigned Spaces, Carport, Electric Gate, Gate/Door Opener, Garage: 0 Car(s)
Elementary District
Belmont-Redwood Shores Elementary
High School District
Sequoia Union High
Water
Public
Zoning
R30000
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 15 | 15 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | 441 | – | 1/0 | $1,995 | $2,245 | 6 |
2 | 623 | 1 | 1/0 | $2,310 | $2,400 | 3 |
3 | 864 | 2 | 1/0 | $2,850 | $2,950 | 2 |
4 | 1,116 | 2 | 1/0 | $2,995 | $3,150 | 2 |
5 | 1,023 | – | 0/1 | $3,325 | $4,092 | 2 |
840 El Camino Real is a Residential Income in Belmont, CA 94002. This 13,358 square foot property sits on a 0.31 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,200,000 and was built in 1964.
This address can also be written as 840 El Camino Real, Belmont, CA 94002.©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact Tim Gilmartin, (650) 348-2020