$6,700,000
$7,200,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
0.43 Acres Lot
SOLD DATE : 03/29/2022
Key Details
Sold Price $6,700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81869571
Sold Date 03/29/22
HOA Y/N No
Lot Size 0.430 Acres
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 699 - Not Defined
Zoning MU-D
Interior
Fireplace No
Schools
School District Other
Others
Tax ID 050074080
Financing Cash
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310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States