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$ 5,500,000
Est. payment | /mo
8,088 Sqft Lot
$ 5,500,000
Est. payment | /mo
8,088 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential Development Land
Listing Status Active
Purchase Type For Sale
Lot Size 8,088 Sqft
MLS Listing ID ML82035809
Property Description
Property is zoned MD-100, there are preliminary plans as reviewed by the city of San Carlos for 15 upscale condos(some with bay views). Zoning allows 14-19 units and a total of approximately 24,265 square feet of total project size. Lot is a gently up sloped 8088 square feet. Currently being used as a 5 unit rental property...providing good income during the city permitting process. The property is subject to AB 2097 which mandates that the city will not impose any minimum parking requirements. (Buyer to verify all information to their satisfaction.)
Location
State CA
County San Mateo
Area Cordes Etc.
Zoning RM-100
Interior
1-purchase type For Sale
Exterior
Fence Wood
Utilities Available Public Utilities
View Bridge
Present Use Multi-Family
Building
Lot Description Grade - Mostly Level, Views
Sewer Sewer Connected
Water Public
Others
Tax ID 045-313-040
Horse Property No
Special Sale Not Applicable
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Listed by Vincent Armando of Armando Investment
Bought with Vincent Armando of Armando Investment
Bought with Vincent Armando of Armando Investment
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