El Camino Terraces

$8,880,000

Description

1990 S El Camino Real, San Mateo

Marketing Description

Introducing a premier residential and retail development opportunity at 1990 South El Camino Real, perfectly situated in the heart of the San Francisco Peninsula. This project represents a sophisticated “in-fill” transformation, replacing an underutilized site with a modern, high-density mixed-use community designed to meet the extreme housing and lifestyle demands of San Mateo.

Entitlement Status & Progress

The project is currently in the advanced stages of the entitlement process. The formal application has been submitted for plan review and hearing, marking a significant milestone in the development timeline. This progress offers a developer the opportunity to step into a project with clear momentum and a defined path toward groundbreaking.

Approved Mixed-Use Vision

The project is designed as a pedestrian-oriented development that integrates luxury residential living with neighborhood-scale retail:

Residential Density: Forty-three (43) residential units located on the upper floors, featuring a high-demand unit mix:

  • 9 One-Bedroom Units
  • 30 Two-Bedroom Units
  • 4 Three-Bedroom Units

Commercial Activation: Three (3) ground-floor commercial retail spaces oriented toward South El Camino Real, specifically designed to activate the street frontage and support neighborhood-serving businesses.

Subterranean Infrastructure: Thirty-eight (38) on-site parking stalls located within a basement-level garage. By placing parking below grade, the project enhances the streetscape character and prioritizes a clean, urban aesthetic.

Transit-Oriented & Lifestyle Focused

  • Hillsdale Lifestyle Hub: Located just moments from the Hillsdale Shopping Center, providing immediate access to world-class retail, luxury dining, and entertainment.
  • Public Transit Access: Walking distance to Caltrain, offering a rapid and seamless commute to both Silicon Valley and Downtown San Francisco.
  • Connectivity: Strategic positioning with immediate access to Highway 92 and US-101, bridging the gap between the East Bay and the Peninsula.

Location

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