1120 Elmer, Belmont, CA, 94002
- 2,516sqft
- 0.11acre
- 1953Year Built
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.
Listing agents:
Matthew Thomson
License #01471708
Compass
Bryan Danforth
License #01789680
Compass
1120 Elmer is a Residential Income Quadruplex property located in Belmont, California, featuring a 0.109 acre lot, 2,516 sqft, MLS #ML82051468.