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1120 Elmer Street, Belmont, CA 94002

Active

Time on site: 4 days • Last updated: 3 days ago

Property Type

Residential Income

Property Sub Type

Quadruplex

Square Feet

2,516

Acres

0.11

Days on Site

Cooling

None

Heating

Wall Furnace

Year Built

1953

Parking

Carport

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.

Property Information

Property Details

Location

Address

1120 Elmer Street

County

San Mateo

City

Belmont

Zip Code

94002

School District

Other

MLS Area

699 - Not Defined

Interior Features

Heating and Cooling

Cooling

None

Heating

Wall Furnace

Building

Building Information

Square Feet

2,516

Year Built

1953

Foundation

Slab

Roof

Flat

Financial

Special Conditions

Standard

Property Taxes

Tax Annual Amount

$24,693

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

ML5100314 • ML5100317