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1120 Elmer Street, Belmont, CA 94002

Belmont
Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
1120 Elmer Street,Belmont, CA 94002
$1,595,000
  • 4 Beds
  • - Baths
  • 2,516 sq. ft.
  • Multi-family
  • Pending
Listed by: matthew thomson, bryan danforth
Office: compass
MLS#:ML82051468
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,595,000
  • Price per sq. ft.:$633.94

About this home

PRICE IMPROVED!! 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. 4.04% Day 1 Cap Rate with room to improve significantly ASAP! 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.

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Home facts

  • Year built:1953
  • Listing ID #:ML82051468
  • Added:139 day(s) ago
  • Updated:November 05, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:4
  • Living area:2,516 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Wall Furnace

Structure and exterior

  • Year built:1953
  • Building area:2,516 sq. ft.
  • Architectural Style:Quadruplex

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,595,000
  • Price per sq. ft.:$633.94
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at November 5, 2026 CA_BRIDGEMLS Member Broker: Alison Daniels

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