CA
San Mateo
BELMONT
94002
1120 Elmer Street
1120 Elmer Street, BELMONT, CA 94002
Share Listing
Listing Type
Multi Family
Listing Status
Active
10
$1,680,000

Home Details for 1120 Elmer Street

Price
$1,680,000
Type
Residential Income
Square feet
2516
Year built
1953
County
San Mateo
MLS Listing#
ML82051468
Listed By: Compass - 415-874-5000
Listed By: Matthew Thomson
Property Description

Incredible opportunity to acquire a rarely available Fourplex in downtown Belmont that offers significant add-value for a new owner, with one unit already vacant and another coming vacant soon. Renovate and achieve top market rents immediately! (4) One-Bedroom / One-Bath Units. Newly upgraded electrical system and new sewer lateral piping installed ($22k). Individual water heaters. Walking distance to Belmont Caltrain Station and Belmont Village Shopping Center. Walk Score: 88 (Very Walkable). Surrounded by major Life Science & Biotech Development Projects estimated to deliver 13,000 employees - high paying research, tech & life science jobs - potential future tenants! Close proximity to highly ranked schools including Carlmont High School (10/10 Rating). Ideal for owner-occupiers, value-add multifamily investors, small syndicators, 1031 exchange buyers, life-science workforce housing, and family offices.

Property Features
  • Heating Information
    • Natural Gas
    • Wall Furnace
  • Cooling Information
    • None
  • Water Features
    • Public
  • Parking
    • Carport
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-06-27 01:30:33
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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