284 Elmwood St - Multi-Family FOR SALE


Mountain View, CA 94043- Jackson Park
$3,690,000 USD
559-779-9679
284 Elmwood St, Mountain View, CA for Sale
$3,690,000 USD
Multi-Family - FOR SALE
1/11
null | Request Cap Rate

284 Elmwood St
Mountain View, CA 94043
Jackson Park


HIGHLIGHTS

  • walking distance to downtown
  • a lot of parking
  • fully occipied

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,690,000 USD

PRICE/SF

$1,025 USD /SF

# OF UNITS

4

PRICE/UNIT

$922,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,240 SF

ZONING

R2

APN/PARCEL ID

153-28-085

ASK ABOUT THIS PROPERTY

Greg HaleyUniversal RealtyMore Info
559-779-9679

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Greg HaleyUniversal RealtyMore Info
559-779-9679

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.