284 Elmwood Street, Mountain View, CA

$4,000,000

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7

Beds

3,600

Square feet

0.21

Acres

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
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
City Mountain View
County Santa Clara
State CA
Zip Code 94043

Amenities

View Park/Greenbelt
Is Waterfront No
Has Pool No

Interior

Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No

Exterior

Windows Double Pane Windows

School Information

District Mountain View-Los Altos Union High

Additional Information

Date Listed January 16th, 2025
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentGreg Haley
OfficeUniversal Realty Services, Inc

Listing Map

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