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Scott D. Comstock

scott@homesandwealth.com +1(559) 681-9500

Listed by Vincent Armando • Armando Investment, DRE#00609541

$ 5,500,000

Est. payment | -/mo

8,088 Sqft Lot

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$ 5,500,000

Est. payment | -/mo

Save Virtual Tour

8,088 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Residential Development Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82035809

Lot Size 8,088 Sqft

Property Sub-Type Residential Development Land

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

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 Listing Condition Not Applicable

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+1(559) 681-9500

scott@homesandwealth.com

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64 Laurel ST San Carlos, CA 94070