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S El Camino RealSan Mateo, CA 94403

For Sale

$35,000,000

Smart Buyer Rebate $350,000

Current Entitlement:
Introducing a compelling development opportunity at 2700 El Camino Real, offering a vibrant mixed-use project situated for success. The project envisions the transformation of two used car dealership lots and an empty lot into a dynamic space featuring:
* 13,500 square feet of ground-floor commercial space: This prime retail area caters to the needs of the surrounding community and leverages the high foot traffic along El Camino Real.
* 68 residential condominiums
* Three floors of below-grade parking
* Proximity to CA-92: Easy access to the highway facilitates convenient
commutes and regional connectivity.
* Across the street from the future Caltrain station (at 28th)
* Surrounded by vibrant shopping and schools

Potential in modification to the entitlement:
* Increasing in density to156 residential condominiums
* 13,900 square feet of ground-floor commercial space
* Two or Three floors of below-grade parking.

After construction, estimated value will be over $100m.
Subject to City of San Mateo's approval

Listed by Virginia Lam

·

License #01975902

·

AGH Management

·

415-830-7800

Last updated September 17, 2025

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Source: MLSListings #ML82011025

Listing Facts

  • TypeMulti-family
  • NeighborhoodFiesta Gardens
  • Days on Prevu186
  • Size13,500 sqft
  • Price per sqft$2,593

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

10/31/2025
Status changed to Active
$35,000,000
10/23/2025
Status changed to Removed from Feed
$35,000,000
06/13/2025
Listed by AGH Management
$35,000,000

Property Details for S El Camino Real

Association

General

  • Number Of Units In Community: 68

Exterior

Construction

  • Year Built: 2013

Measurements

  • Building Area Total: 13,500
  • Lot Size Acres: 0.37
  • Lot Size Area: 16,448
  • Lot Size Square Feet: 16,448

Financial

Taxes

  • Parcel Number: 039-352-060

Interior

Measurements

  • Living Area: 13,500

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 158
  • Garage: Yes
  • Parking Features: Assigned Spaces

Schools

Elementary School

  • Elementary School District: San Mateo-Foster City Elementary

High School

  • High School District: San Mateo Union High

Utilities

Equipment

  • Heating: Other
  • Utilities: Public Utilities

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at S El Camino Real.

Does this multi-family home have parking?

Yes, there are 158 parking spaces available for S El Camino Real.

What is the square footage on this multi-family home?

According to the MLS, this listing is 13,500 sqft.

S El Camino Real is a -bedroom multi-family home for sale in San Mateo CA 94403. Listed on Prevu for 186 days at $35,000,000. This property features 13,500 square feet of living space, located in San Mateo. The median listing price for multi-family homes in this area is $1,398,000. The home offers pets allowed and parking. Browse more multi-family home listings in San Mateo.

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.