1315 Alameda de las Pulgas

This approximately 0.562-acre vacant land opportunity at 1315 Alameda de las Pulgas is offered at $5,600,000. The site contains about 24,500 square feet and is part of an existing church property, with frontage at Alameda de las Pulgas and El Verano Way.

The mostly level parcel is zoned R1-B and is being marketed for development potential. A feasibility study has evaluated up to 48 affordable housing units; any density, mixed-use concept, lot split, affordable-housing program or entitlement remains subject to buyer verification and governmental approval. The owner may also consider a ground-lease structure for a qualifying 100% affordable-housing proposal.

Public water and utility service are reported available, with gas on site and shared septic service. The Belmont location offers access to neighborhood services, schools, transit connections and communities across the Peninsula.

Prospective buyers should independently verify zoning, allowable uses, utility capacity, boundaries, title, environmental conditions, development feasibility, entitlement requirements and all transaction terms during due diligence.