1120 Elmer Street | MLS #ML82051468 | RE/MAX California & Hawaii
 
  • 12 days on site
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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.

Source: bridgeMLS, MLS#: ML82051468

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  • Property Type
    Residential Income

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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 1120 Elmer 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
6/18/2026Source: CRMLS Added to Database
June 18, 2026
6/18/2026Source: bridgeMLS Added to Database
June 18, 2026
1/23/2024Source: CRMLS Status Change
Closed
1/23/2024Source: bridgeMLS Status Change
Sold
12/14/2023Source: bridgeMLS Status Change
Pending
12/14/2023Source: CRMLS Status Change
Pending
11/7/2023Source: CRMLS Status Change
Active
11/3/2023Source: CRMLS Status Change
Active Under Contract
10/20/2023Source: CRMLS Price Increase
$1,598,000 60.1%
10/20/2023Source: CRMLS Price Reduction
$998,000 -37.5%
9/30/2023Source: CRMLS Added to Database
September 30, 2023
Listing provided courtesy of Compass- MLS# ML82051468MLS Provider