$5,200,000Sold Price
13,358 Sqft
13,503 Sqft

840 El Camino Real, Belmont Ca 94002

  • Commercial Sale Property Type
  • 1964 Year Built
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

Basic Details
Commercial Sale
Other
Sold
ML81911237
$5,385,000
734
13,358 Sqft
1964
13,503 Sqft
0.31 Acre
Closed
Features
: Wall Furnace
: None
: Coin Operated
: Assigned
Address Map
CA
San Mateo
Belmont
94002
El Camino Real
840
W123° 43' 19.6''
N37° 31' 17.5''
R300
1 block north of Ralston Ave. o
Additional Info
Gilmartin Group
Tim Gilmartin
tim@thegilmartins.com
Sold
Public
For Sale
Price History
12/02/2024
$5,200,000
09/03/2024
10/22/2022
$7,980,000
$0
Additional Information
13358
Listing Information
2024-12-03T10:34:46Z
BayEast
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    Agent info
    Lakshmi Suneeta Chinta
    Realty++
    Srinivas Sanigepalli
    Realty++
    Rekha Mahalingam
    Realty++
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    Mallik@rRealtyplusplus.com (510) 299-6629