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Development site 1562 El Camino Real 32 Room Hotel San Carlos, CA 94070 For Sale
INVESTMENT HIGHLIGHTS
- Upscale suburban hotel.
- 32 parking spaces.
EXECUTIVE SUMMARY
Prime value add investment or residential re-development with seller allowing time for entitlements. San Carlos Housing element update in place with new 120 dwelling units/acre density and 75' height and 3.0 FAR
PROPERTY FACTS
| Sale Type | Investment | No. Rooms | 32 |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1985 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.7/1,000 SF |
| Lot Size | 0.46 AC | Corridor | Exterior |
| Building Size | 18,858 SF | ||
| Zoning | MU-SB-120 - MU-SB with 120 DU/ac allowed by the newly adopted housing element | ||
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.46 AC |
| Building Size | 18,858 SF |
| No. Rooms | 32 |
| No. Stories | 2 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1.7/1,000 SF |
| Corridor | Exterior |
| Zoning | MU-SB-120 - MU-SB with 120 DU/ac allowed by the newly adopted housing element |
AMENITIES
- Business Center
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 32 | $189.52 CAD | - |
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 051-368-040 | Improvements Assessment | $2,051,061 CAD |
| Land Assessment | $1,332,457 CAD | Total Assessment | $3,383,518 CAD |
PROPERTY TAXES
Parcel Number
051-368-040
Land Assessment
$1,332,457 CAD
Improvements Assessment
$2,051,061 CAD
Total Assessment
$3,383,518 CAD
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Development site | 1562 El Camino Real
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