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284 Elmwood Street

Mountain View, CA 94043
  • $3,950,000
  • STATUS: Active
  • ON SITE: 295 Days
  • ID#: 623885
Price Reduced
UPDATED: 96 min ago
$3,950,000
  • 7
    BEDS
  • 0.21
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 3,600
    SQFT
  • $1,097
    $/SQFT
Neighborhood:
043
Type:
Multi-Family
Built:
1961
County:
Area:
043

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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.

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© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2025-11-07T23:46:42.867.
www.yourfresnorealty.com/homes/159498177
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284 Elmwood Street Mountain View, CA 94043

  • Price: $3,950,000
  • Status: Active
  • On Site: 295 Days
  • Updated: 96 min ago
  • ID#: 623885
7
Beds
5
Baths
0
½ Baths
0.21
Acres
3,600
SQFT
$1,097
$/SQFT
1961
Built
Neighborhood:
043
County:
Santa Clara
Area:
043
Elementary School:
Theuerkauf Elementar
Middle School:
Crittenden Jr High
High School:
Mountain View High
School District:
Mountain View Whisma
Property Description
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.
Exterior Features

Exterior Stucco Facilities Utility Room Parking GarageCarportUncovered Region Urban Roofing Composition Site Amenities Corner Yard Sprinkler - FrontSprinkler - AutoFencedMature Landcsape

Interior Features

Dishwasher More than One unit Disposal All units Fireplace None Floor Wood Subfloor Heating And Cooling Floor or Wall HeatWindow or Wall A/C Refrigerator All Units Stories Two Stove All units

Property Features

Annual Expense 10193.00 Annual Income 148920.00 Cross Street Address Moffett/Central Expressway Disclosures Agent/Owner Related Documents Available Leases Expenses Include GardenerInsuranceGasElectricWaterSewerTaxes First Loan Type Free & Clear Gas And Electric Public Utilities Income Includes Unit RentMonth to MonthLease Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Net Income 138727.00 Property Subtype1 Quadruplex Reo Or Bank Owned No Sewer Water Public WaterPublic Sewer Special Features Private PatiosExtra Storage Square Footage Source Seller Tenant Pays ElectricityGasWaterSewerTrash CollectionCable TV Terms Cash Transaction Type Sale Unique Conditions Estate Sale

Listing provided courtesy of Greg Haley of Universal Realty Services, Inc: Kyle@universalrealty.org;559-298-0180.


© 2025 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Data last updated: 2025-11-07T23:46:42.867.
 
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