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Active 97 days on market

284 Elmwood Street

Mountain View, CA 94043

$3,888,000

284 Elmwood Street
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+4 more
Beds
Baths
3,600Sq Ft
0.21Acres
1961Built
2Garage

About This Home

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. 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, a few blocks away. The Caltrain station ensures seamless connectivity throughout the Bay Area. 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.

Property Details

Property TypeMixedUse
Year Built1961
Living Area3,600 sq ft
Lot Size0.21 acres
Garage Spaces2
Parking Total2
HeatingWallFurnace
CoolingWallWindowUnits
PoolNo
MLS #1152133901
Days on Market97 days

Location

Listed by

Greg Haley

Universal Realty Services, Inc

MLS# ML5086351

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.