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840 El Camino Real, Belmont, CA, 94002
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840 El Camino Real Belmont, CA, 94002

$5,685,000 $465,000 Commercial for sale Other

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.
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Property details

13,358 sqft interior area
Land area
13,503 sqft (0.31 acres)
Days on Verhouse
560
Address
840 El Camino Real, Belmont, CA, 94002
City of California
Belmont
County
San Mateo
Year Built
1964
District
Listing

Nearby major retailers

Costco
CVS Pharmacy
Pet Food Express
See's Candies
Supercuts
Verizon Wireless
Petco
Trader Joe's
GNC
Zumiez
GameStop
Apple Store
Ross
7-Eleven
Dollar Tree
AT&T
MetroPCS
Kohl's
T-Mobile
Public Storage
Walgreens
The Home Depot
Ace Hardware
Marshalls
Safeway
NAPA Auto Parts
Macy's
Nordstrom
Jiffy Lube
Kmart
Lexus
AutoZone
Whole Foods Market
O'Reilly Auto Parts
Rite Aid
TJ Maxx
Wholesale: 2
Chemist: 4
Pet: 5
Confectionery: 2
Hairdresser: 3
Mobile phone: 12
Supermarket: 10
Nutrition supplements: 3
Clothes: 1
Video games: 4
Electronics: 1
Department store: 9
Convenience: 7
Variety store: 3
Storage rental: 19
Do it yourself: 3
Car repair: 3
Car: 1
Car parts: 2
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Interior Features

Garage & Parking
Assigned

Listed by

Tim Gilmartin, Gilmartin Group
Name
Tim Gilmartin
License number
00841354
Brokerage company
Gilmartin Group
MLS #
ML81911237

Payment calculator

Calculate your monthly payments
Mortgage
$17,455
Taxes
$0
HOA dues
$0
$17,455 per month
Mortgage
$1,137,000 / 20%
2.28%
30 years
Your amount $17,455 / month

Lot details

TMK #045162180
Parcel nr.
045162180

94002 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 94002

46%
Families with children
National average: 39%
31%
Non family households
237,230
Population
$184,921
Average Income

Age & gender

Median age 40 years
More info

Commute types

81% commute by car
More info

Education level

33% have bachelor education
More info

Number of employees

4% work in management
More info

Vehicles available

43% have 2 vehicle
More info

Vehicles by gender

43% have 2 vehicle
More info

Housing market insights for

$1.89m
Neighborhood average
sales price*
$1.8m
Neighborhood median
sales price*
441
Number
of sales*

Housing type

52% are single detacheds
More info

Rooms

34% of the houses have 4 or 5 rooms
More info

Bedrooms

57% have 2 or 3 bedrooms
More info

Owners vs Renters

62% are owners
More info
18.17 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Apr 2, 2024
Date Event Price $/sqft Source
Apr 2, 2024 Price Decrease $5,685,000 -7.56% 0 MLS #ML81911237
Feb 1, 2024 For sale $6,150,000 0 MLS #ML81911237
Feb 1, 2024 Unavailable $6,150,000 0 MLS #ML81911237
Nov 22, 2023 For sale $6,150,000 0 MLS #ML81911237
Nov 4, 2023 Temporarily Withdrawn $6,150,000 0 MLS #ML81911237
Jun 19, 2023 Price Decrease $6,150,000 -8.89% 0 MLS #ML81911237
Mar 19, 2023 Price Decrease $6,750,000 -9.76% 0 MLS #ML81911237
Dec 2, 2022 Price Decrease $7,480,000 -6.27% 0 MLS #ML81911237
Oct 22, 2022 New Listing $7,980,000 0 MLS #ML81911237

Taxes of 840 El Camino Real, Belmont, CA, 94002

R300 zoning / MLS #ML81911237
Zoning
R300

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Frequently Asked Questions about 840 El Camino Real

What is 840 El Camino Real?

840 El Camino Real is a Commercial/Industrial propertywith 13,358 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

840 El Camino Real, Belmont, CA, 94002.

What comparable properties are nearby?

Comparable nearby commercial properties include 740 El Camino Real, 630 Masonic Way, 240 Harbor Blvd, 3223 Glendora Dr, 501 Howland St, 28 Birch St.

Based on information from the bridgeMLS as of 05-03-2024. 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.

Listing last updated on: Apr 03, 2024
Verhouse Last checked 4 minutes ago


The closest grocery stores are Namaste Plaza Supermarket, 0.1 miles away and Safeway, 0.23 miles away.
The 94002 zip area has a population of 237,230, and 46% of the families have children. The median age is 40.46 years and 81% commute by car. The most popular housing type is "single detached" and 62% is owner.
Commercial For sale $5.69m  $465,000 840 El Camino Real, Belmont, CA, 94002 Save House Remove from Saved