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1562 El Camino Real - Potential Redevelopment OFFERS DUE 5/23/24
0.46 Acres of Residential Land in San Carlos, CA 94070
Investment Highlights
- Currently built out as an upscale suburban hotel with 32 parking spaces.
Executive Summary
Property Facts
Sale Type | Investment | Property Type | Land |
Sale Conditions | Development Sale | Property Subtype | Residential |
No. Lots | 1 | Total Lot Size | 0.46 AC |
Sale Type | Investment |
Sale Conditions | Development Sale |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 0.46 AC |
1 Lot Available
Lot
Lot Size | 0.46 AC |
Lot Size | 0.46 AC |
Prime value add investment or residential re-development with seller allowing time for entitlements. San Carlos Housing element update in place with new 120 dwelling units/acre density and 75' height and 3.0 FAR
Description
1562 El Camino is an ±18,858 SF hotel with close proximity to San Francisco and San Jose. This two-story upscale suburban hotel is nearby downtown San Carlos and its many local amenities. 1562 El Camino Real is a 32 room boutique hotel favorably located 30 minutes south of San Francisco and 30 minutes north of San Jose making it an ideal location for all types of uses; hotel, multi-family development, and potentially, an office redevelopment. Its proximity to downtown San Carlos and its abundant restaurant and retail scene make 1562 El Camino Real steps to amenities.
PROPERTY TAXES
Parcel Number | 051-368-040 | Improvements Assessment | £1,095,107 |
Land Assessment | £711,429 | Total Assessment | £1,806,536 |
PROPERTY TAXES
zoning
Zoning Code | MU-SB-120 (Mixed-use South Boulevard) |
MU-SB-120 (Mixed-use South Boulevard) |
Presented by
1562 El Camino Real - Potential Redevelopment OFFERS DUE 5/23/24
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