1120 Elmer ST, Belmont, CA 94002
1120 Elmer ST, Belmont, CA 94002
1120 Elmer ST, Belmont, CA 94002
1120 Elmer ST, Belmont, CA 94002
1120 Elmer ST, Belmont, CA 94002
1120 Elmer ST, Belmont, CA 94002
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Listed by Matthew Thomson • Compass, DRE#01471708
$ 1,680,000
Est. payment | /mo

4 Beds

4 Baths

2,516 SqFt


Save
$ 1,680,000
Est. payment | /mo
Save

4 Beds

4 Baths

2,516 SqFt

Open House

Fri Jun 26, 11:30am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $667

MLS Listing ID ML82051468

Bedrooms 4

Full Baths 4

Year Built 1953

Lot Size 4,748 Sqft

Property Sub-Type Fourplex

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.

Location

State CA

County San Mateo

Area Homeview / Sterling Downs

Zoning C40000

Interior

Heating Gas, Wall Furnace

Cooling None

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 040-332-080

Security Features Security Lights

Horse Property No

Special Listing Condition Not Applicable

MLSListings Inc. (MLSListings)
ANGELINA NGUYEN

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1120 Elmer ST