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840 El Camino Real, Belmont, CA 94002
$5,385,000
840 El Camino Real, Belmont, CA 94002View this property at 840 El Camino Real, Belmont, CA 94002
840 El Camino RealBelmontCA94002
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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
Full Property Details
Full Property Details for 840 El Camino Real
General
- Price: $5,385,000
- Status: Active
- Type: Commercial Residential Facility
- MLS ID: ML81911237
- Updated: 5/13/2024
- Added to Site: 581 day(s) ago
Rooms
Other Rooms
- Laundry: Coin-Operated
Additional Information
- Security/Safety: Secured Garage / Parking, Security Fence
Parking
- Parking Features: Assigned Spaces, Carport , Electric Gate, Gate / Door Opener
Location
- Area: Belmont Country Club Etc.
- County: San Mateo
- Cross Streets: Hill St.
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Sewer Connected
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Separate Electric, Separate Gas
Structural Information
- Foundation: Other
- Roof: Foam
- Disability Access: Parking
- Square Feet: 13,358
- Year Built: 1964
Unit Information
Unit 1
- Square Feet: 441
Unit 2
- Square Feet: 623
- Bedrooms: 1
Unit 3
- Square Feet: 864
- Bedrooms: 2
Unit 4
- Square Feet: 1116
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.31
- Minimum Lot Size: 13503
- Building Sites: 1
- Zoning: R30000
Disclosures and Reports
- Restrictions: None
Listed by Gilmartin Group, Tim Gilmartin
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Schools
Schools serving 840 El Camino Real
School Districts:Belmont-Redwood Shores Elementary School District, Sequoia Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
2675 Ralston Ave, Belmont, CA 94002 | 6-8 | 2.1 mi | |
1400 Alameda De Las Pulgas, Belmont, CA 94002 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 840 El Camino Real
Date
Details
Price
Change
Source
5/13/2024
Price Reduced
$5,385,000
-5.28%
MLS
4/02/2024
Price Reduced
$5,685,000
-7.56%
MLS
6/19/2023
Price Reduced
$6,150,000
-8.89%
MLS
3/19/2023
Price Reduced
$6,750,000
-9.76%
MLS
12/02/2022
Price Reduced
$7,480,000
-6.27%
MLS
10/22/2022
Listed
$7,980,000
66.25%
MLS
4/06/2015
Sold
$4,800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 840 El Camino Real
Year
Property Taxes
Change
Tax Assessment
Change
2023
$79,873
3%
$5,544,864
2%
2022
$77,345
4%
$5,436,142
2%
2021
$74,340
1%
$5,329,552
1%
2020
$73,758
2%
$5,274,904
2%
2019
$72,602
3%
$5,171,476
2%
2018
$70,268
7%
$5,070,076
2%
2017
$65,531
-7%
$4,970,664
2%
2016
$70,837
91%
$4,873,200
172%
2015
$37,165
5%
$1,790,366
2%
2014
$35,339
9%
$1,755,296
—
2013
$32,395
—
$1,747,366
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 840 El Camino Real
840 El Camino Real, Belmont, CA 94002 (MLS# ML81911237) is a Commercial Residential Facility property. 840 El Camino Real is currently listed for $5,385,000 and was received on October 22, 2022. Want to learn more about 840 El Camino Real? Do you have questions about finding other Commercial Residential Facility real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.