About 284 Elmwood Street
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.
Features of 284 Elmwood Street
MLS® # | ML81990618 |
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Price | $4,000,000 |
Bedrooms | 7 |
Square Footage | 3,600 |
Acres | 0.21 |
Year Built | 1961 |
Type | Residential Income |
Sub-Type | OTHER |
Status | Active |
Community Information
Address | 284 Elmwood Street |
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City | Mountain View |
County | Santa Clara |
State | CA |
Zip Code | 94043 |
Amenities
View | Park/Greenbelt |
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Is Waterfront | No |
Has Pool | No |
Interior
Heating | Wall Furnace |
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Cooling | Ceiling Fan(s) |
Fireplace | No |
Exterior
Windows | Double Pane Windows |
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School Information
District | Mountain View-Los Altos Union High |
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Additional Information
Date Listed | January 16th, 2025 |
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Zoning | R2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Greg Haley |
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Office | Universal Realty Services, Inc |