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$1,680,000
$6,000Reward *
1120 Elmer Street, Belmont, CA 94002Listing ID ML82051468

1120 Elmer Street, Belmont, CA 94002

Active
Time on site: 60 days • Last updated: Jul 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Square Feet
Square Feet
2,516
Acres
Acres
0.11
Days on Site
Days on Site
56
Cooling
Cooling
None
Heating
Heating
Wall Furnace
Year Built
Year Built
1953
Parking
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
Matthew Thomson • Compass, (415) 874-5000

Market Report for 94002

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*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
California Regional MLS logo

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