2820 S. El Camino Real | 75-Unit Premier Development Opportunity Executive Summary A significant transit-oriented development opportunity positioned at the heart of the San Francisco Peninsula. This high-visibility 0.49-acre site is being offered with a formal entitlement application in the advanced stages of review for a high-density, eight-story mixed-use community. Entitlement Progress & Regulatory Momentum The property is being sold with a formal Planning Application (PA-2026-0005) currently in the advanced stages of review with the City of San Mateo. A buyer inherits significant regulatory progress and a defined path to construction: Proposed Development Highlights Residential Component: 75 premium apartment units featuring a strategic mix tailored to the Peninsula's high-income workforce, including 20 One-Bedroom, 48 Two-Bedroom, and 7 Three-Bedroom units. Commercial Component: Approximately 5,350 SF of prime ground-floor retail space centered around an innovative, open-air central plaza designed to activate the streetscape and drive residential rental premiums. Affordable Housing: 10 units are designated for Low-Income households, fulfilling local requirements while unlocking substantial state-level development incentives. Infrastructure: A high-efficiency 75-stall subterranean garage maximizes buildable residential square footage while maintaining a modern, pedestrian-friendly urban frontage. Unrivaled Transit Connectivity As a flagship Transit-Oriented Development (TOD), the site is located just half a block (0.2 miles) from the Hillsdale Caltrain Station. This location is a primary value-driver, offering future residents effortless access to major employment hubs across San Francisco, Palo Alto, and Silicon Valley. Investment Summary Offered at $12,800,000, this site represents a rare opportunity to acquire a high-density residential pipeline with entrenched legal protections. By acquiring the asset at this stage, the buyer capitalizes on the significant investment and time already committed to the entitlement process, drastically reducing the "Time to Market" in one of the nation's most supply-constrained housing corridors.