284 Elmwood Street | MLS #ML82033425 | RE/MAX California & Hawaii
 
  • 147 days on site
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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.

Source: bridgeMLS, MLS#: ML82033425

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  • Property Type
    Residential Income
  • Lot
    0.21 acres

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Inmar Barrera

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 284 Elmwood Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/23/2026Source: CRMLS Price Reduction
$3,790,000 -2.5%
5/23/2026Source: bridgeMLS Price Reduction
$3,790,000 -2.5%
2/2/2026Source: CRMLS Added to Database
February 02, 2026
2/2/2026Source: bridgeMLS Added to Database
February 02, 2026
1/16/2025Source: bridgeMLS Status Change
Sold
1/16/2025Source: CRMLS Status Change
Closed
9/5/2024Source: bridgeMLS Added to Database
September 05, 2024
9/5/2024Source: CRMLS Added to Database
September 05, 2024
9/24/2022Source: CRMLS Added to Database
September 24, 2022
9/24/2022Source: CRMLS Added to Database
September 24, 2022
Listing provided courtesy of Universal Realty Services, Inc- MLS# ML82033425MLS Provider