840 El Camino Real, Belmont, CA, 94002

840 El Camino Real, Belmont, CA, 94002 < >
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for sale
$5,685,000
Year Built:1964
Status:Active
MLS #:ML81911237
Date Updated:
For information contact:
Sue Liu
(408) 966-6931
01053786
Get More Information
Go See This Property
SELLER FINANCING AVAILABLE! Take a look at our latest price improvement! 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.
Exterior Details
Roof: Foam

Community Information
County Or Parish: San MateoDirections: 1 block north of Ralston Ave. on El Camino Real Cross Street: Hill St.
MLS Area Major: 699 - Not Defined

Property Information From MLS Data
Carport Spaces: 16.00Number Of Buildings: 1
Year Built: 1964Zoning: R30000

Utilities
Water Source: PublicHeating: Wall Furnace

Listing Information Courtesy of:
List Agent First Name: Tim
List Agent Last Name: Gilmartin
List Office Name: Gilmartin Group

Walk Score® for 840 El Camino Real
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Monthly Payment for 840 El Camino Real
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$5,685,000
Down Payment:
Loan Amount:$4,548,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Tim Gilmartin, Gilmartin Group
Information obtained from CACRMLS is current as of 5/2/2024 12:12 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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