700 El Camino Real | Belmont, CA 94002
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- LoopNet Team
700 El Camino Real
Belmont, CA 94002
Belmont Palms · Multifamily Property For Sale
·
15 Units
INVESTMENT HIGHLIGHTS
- Exceptional Belmont Investment Opportunity - Investors have the opportunity to acquire an exceptional multifamily asset walking distance from Downtown
- Strong Employment Base - Many of the nation's top tech employers are located within close proximity to the subject property
- Attractive Tenant Amenities - Tenants enjoy renovated units featuring air conditioning, on-site parking and easy access to the Caltrain Station
- Excellent Transportation Corridors - Located on El Camino Real and features easy access to Caltrain , I-280, CA-92, and HWY-101
PROPERTY FACTS
| No. Units | 15 | Lot Size | 0.22 AC |
| Property Type | Multifamily | Building Size | 3,649 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1959/2025 |
| Building Class | B | Parking Ratio | 4.11/1,000 SF |
| Zoning | CMU - Zoned CMU - Corridor Mixed Use. High density residential is allowed. | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 3,649 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1959/2025 |
| Parking Ratio | 4.11/1,000 SF |
| Zoning | CMU - Zoned CMU - Corridor Mixed Use. High density residential is allowed. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Range
- Tub/Shower
- Double Pane Windows
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
- Storage Space
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | - |
| 1+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 044-222-120 | Improvements Assessment | $208,498 |
| Land Assessment | $2,501,982 | Total Assessment | $2,710,480 |
PROPERTY TAXES
Parcel Number
044-222-120
Land Assessment
$2,501,982
Improvements Assessment
$208,498
Total Assessment
$2,710,480
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