Active

840 El Camino Real

BELMONT CA, 94002

$5,385,000


$403.13 per sqft

Active

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 1, 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

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 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Susan Lewandowski | CA DRE# 01852946 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Susan Lewandowski | CA DRE# 01852946 are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 7:05 PM UTC, 10/1/2024

 

 

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