840
El Camino Real,
Belmont,
California
CA
94002
Price: $6,150,000
Mortgage Calculator
Listing ID: ML81911237
Price/SqFt:
$460.40
Status:
Active
SqFt:
13,358
Sq Ft
Year Built:
1964
SELLER FINANCING AVAILABLE! 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. Adjacent parcels may be available also
Primary Features
County:
San Mateo
Price Before Reduction:
6750000
Price Reduction Date:
2023-06-19T23:26:02+00:00
Price/SqFt:
460.4
Property Type:
Commercial Sale
Year Built:
1964
Zoning:
R30000
Interior
Cooling Type:
None
Cooling:
yes
Heating:
yes
Heating Type:
Wall Furnace
External
Carport Spaces:
16
Lot Size Source:
Assessor
Number Of Buildings:
1
Parking Total:
2
Roof:
Foam
Water Source:
Public
Location
MLS Area Major:
699 - Not Defined
Additional
List Agent State License:
00841354
List Office State License:
00362771
Parcel Number:
045162180
Year Built Source:
Assessor
Financial
Gross Scheduled Income:
461304
Insurance Expense:
6520
Maintenance Expense:
7500
Other Expense:
1800
Special Listing Conditions:
Standard
Tax Annual Amount:
67650
Total Expenses:
129070
Trash Expense:
8300
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Any correspondence from IDX pages are routed to Realty Masters and Associates or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
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Listed by: TimGilmartin, DRE #00841354 from Gilmartin Group (650) 348-2020
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