$1,680,000

1120 Elmer Street, Belmont, CA 94002

  • 2,516 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon4,748sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $668/sqft
  • Property List Date Icon Listed 17 days ago

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.

Listing Status:
Active
Date Added:
June 18, 2026
Data Last Updated:
July 5, 2026 at 4:16PM
Listing Office:
Compass : (415) 874-5000
Listing Agent:
Matthew Thomson : 650-515-6555
MLS ID:
ML82051468
  • A/C: None
  • Heating: Wall Furnace
  • Disability Feature: None
  • Parking: CarportParking spaces: 0
  • Roofing: Flat
  • General: 2Slab
  • Originating MLS: CRMLS_MLSL
  • School District: Other
  • County: San Mateo
  • Zoning: C40000040332080
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_MLSL

This listing courtesy of Matthew Thomson , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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