Log In/Sign Up
Your email has been sent.
284 Elmwood St
Mountain View, CA 94043
Multifamily Property For Sale
·
4 Units
Investment Highlights
- walking distance to downtown
- fully occipied
- a lot of parking
Executive Summary
This exceptional multi-family property in Mountain View presents an outstanding investment opportunity in the heart of Silicon Valley. With multiple units spanning 3,600 square feet, this fully occupied residence generates steady rental income while offering tremendous development potential on its spacious corner lot.
The property's prime location puts residents within walking distance of downtown Mountain View, making daily errands a breeze. Tech professionals will appreciate the proximity to major technology companies, while families benefit from nearby Mountain View Academy and convenient access to the Mountain View Transit Center, just a few blocks away. The Caltrain station ensures seamless connectivity throughout the Bay Area.
Each dwelling unit has been thoughtfully maintained, creating comfortable living spaces that tenants love to call home. The multiple units provide flexibility for investors seeking consistent cash flow or those considering future development opportunities. The generous lot size offers potential for expansion or enhancement, subject to local planning requirements.
Whether you're an experienced investor looking to expand your portfolio or someone seeking development potential in one of California's most sought-after markets, this multi-family gem delivers both immediate returns and long-term growth prospects. The combination of location, income potential, and development possibilities makes this a rare find in today's competitive market.
The property's prime location puts residents within walking distance of downtown Mountain View, making daily errands a breeze. Tech professionals will appreciate the proximity to major technology companies, while families benefit from nearby Mountain View Academy and convenient access to the Mountain View Transit Center, just a few blocks away. The Caltrain station ensures seamless connectivity throughout the Bay Area.
Each dwelling unit has been thoughtfully maintained, creating comfortable living spaces that tenants love to call home. The multiple units provide flexibility for investors seeking consistent cash flow or those considering future development opportunities. The generous lot size offers potential for expansion or enhancement, subject to local planning requirements.
Whether you're an experienced investor looking to expand your portfolio or someone seeking development potential in one of California's most sought-after markets, this multi-family gem delivers both immediate returns and long-term growth prospects. The combination of location, income potential, and development possibilities makes this a rare find in today's competitive market.
Property Facts
| Price Per Unit | $922,500 | Building Size | 3,600 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.39/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | R2 - Duplex 2 Units Any Combination | ||
| Price Per Unit | $922,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 3,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | R2 - Duplex 2 Units Any Combination |
Amenities
Unit Amenities
- Air Conditioning
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,900 | 1,200 |
| 2+2 | 2 | $2,805 | 1,000 |
| Studios | 1 | $3,250 | 700 |
Property Taxes
| Parcel Number | 153-28-085 | Improvements Assessment | $92,559 |
| Land Assessment | $47,539 | Total Assessment | $140,098 |
Property Taxes
Parcel Number
153-28-085
Land Assessment
$47,539
Improvements Assessment
$92,559
Total Assessment
$140,098
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
