840 El Camino Real, Belmont, CA 94002
- $5,200,000
- 13,358
- SqFt
Listed by Tim Gilmartin, 650-348-2020 from Gilmartin Group
(If provided) CoList: from
Sold listing courtesy of William Lee from HOGR
- Sold Price
- $5,200,000
- List Price
- $5,385,000
- Closing Date
- Dec 02, 2024
- MLS#
- ML81911237
- Status
- SOLD
- Sqft. of Residence
- 13,358
- Lot Size
- 13,503
- Listing Area
- Belmont Country Club Etc.
- Year Built
- 1964
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
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Additional Information
- Acres
- 0.31
- Age
- 58
- Cooling System
- None
- Foundation
- Other
- Garage Parking
- Assigned Spaces, Carport, Electric Gate, Gate / Door Opener
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 13,358
- Lot Size
- 13,503
- Neighborhood
- Belmont Country Club Etc.
- Other Utilities
- Individual Electric Meters, Individual Gas Meters
- Roof
- Foam
- Sewer
- Sewer Connected
- Unincorporated Yn
- Yes
- Zoning
- R30000
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