San Carlos, CA 94070,552-560 El Camino Real
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San Carlos, CA 94070,552-560 El Camino Real

$6,700,000

Est. payment /mo
Est.Price: ?

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552-560 El Camino Real San Carlos, CA 94070

0.43 Acres Lot

SOLD DATE : 03/29/2022

Key Details

Sold Price $6,700,000

Property Type Vacant Land

Sub Type Other Commercial Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81869571

Sold Date 03/29/22

Lot Size 0.430 Acres

Property Sub-Type Other Commercial Land

Property Description

APNs: 050-074-080, 050-074-090, 050-074-100. The approved project is a 4-story mixed-use condominium development. The mixed-use project consists of two ground level commercial units and 24 residential condominiums above. There are (7) 1 bedroom units proposed, (16) 2bedroom units proposed, and (1) 3 bedroom unit, for a total of (24) residential units. Three of the units will be designated as below market rate (BMR). All parking will be provided in a covered garage on the ground level. Final map needs to be approved and payment of remaining development fees prior to issuance of the building permit. Located on El Camino Real across the street from the Caltrain Station and a block from great restaurants, shops,farmer's market and other amenities offered on Laurel Street in the downtown. San Carlos' location almost equidistant from San Francisco and San Jose appeals to residences who work in either major city but want to live and enjoy a quieter "small-town" lifestyle.

Location

State CA

County San Mateo

Area Cordes Etc.

Zoning MU-D

Exterior

Fence Other

Utilities Available Public Utilities

Building

Lot Description Grade - Mostly Level

Sewer Existing Septic

Water Water On Site

Others

Tax ID 050-074-080

Horse Property No

Special Listing Condition New Subdivision

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MLSListings Inc. (MLSListings)
Listed by Randy Kinghorn • Kinghorn Commercial Properties
Bought with RECIP • Out of Area Office
agent

David Lucas

Agent | License ID: 02114304

+1(650) 399-0121

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