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1477 El Camino Real — Belmont | Belmont Brokerage | Belmont Brokerage

Active

$1,050,000

160 DOM

— bd— ba— sqft

Call

1477 El Camino Real Belmont, CA 94002

6,885sqft lot

Ready to build, flat lot on El Camino Real in Belmont. Plan is for 6 units 5 Residential and 1 commercial space. Flat, easily accessible parcel, located 1/2 from shopping 1/2 mile from the freeway and less than 1 mile from downtown. Major employers such as Oracle are located in Belmont and this property is positioned to succeed in such a strong market.

MLS ML82026814

(650) 348-2020 (Office) 650-348-2020 (Cell) tim@thegilmartins.com

Est. payment

$6,709/mo

Principal & interestTaxesInsurance

$5,309$1,094$306

Down %

Rate %

Years

Down payment: $210,000 · Total cost: $2,121,374

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$6,709/mo

Principal & interest: $5,309
Est. property tax: $1,094
Est. insurance: $306
Down payment: $210,000

Est. gross rent$4,375/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,334/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Nov 5, 2025	$1,250,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,250,000 (−$200,000)

(650) 348-2020 (Office) 650-348-2020 (Cell) tim@thegilmartins.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1477 El Camino Real, Belmont, CA 94002

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Call

1477 El Camino Real Belmont, CA 94002

About this home

Tim Gilmartin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Tim Gilmartin

Sale & Tax History

No Recent Sales History

Location

1477 El Camino Real, Belmont, CA 94002

About This Property

Property Photos

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1477 El Camino Real Belmont, CA 94002

About this home

Tim Gilmartin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Tim Gilmartin

Sale & Tax History

No Recent Sales History

Location