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284 Elmwood St

Mountain View, CA 94043

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$3,888,000

7 bd
  |  
5 ba
  |  
3,600 sq ft
  |  
0.21 acre

284 Elmwood St

Mountain View, CA 94043

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Listed On: 02/02/2026
Status: Active
Listing Number: 643224 (Fresno MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
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 Mountain View, making daily errands a breeze. 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, just a few blocks away. The Caltrain station ensures seamless connectivity throughout the Bay Area.Each dwelling unit has been thoughtfully maintained, creating comfortable living spaces that tenants love to call home. 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 in today's competitive market.
Property Type
Multi Family
Property Subtype 1
Quadruplex
Year Built
1961
Region
Urban
Unique Conditions
Estate Sale
Stories
Two
Total Buildings
3
Total Units
4
Price Per Square Foot
$1,080
Price Per Acre
$18,330,976
Days On London
0
Cumulative Days On London
466
County
Santa Clara
Documents Available
Leases
Facilities
Utility Room
Special Features
Private Patios, Extra Storage
REO / Bank Owned
No
Cross Street Address
Moffett/Central Expressway
Directions
Moffett / Central Express Way
Special Disclosures
Agent/Owner Related
Heat / Cool
Floor or Wall Heat, Window or Wall A/C
Roofing
Composition
Foundation
Wood Subfloor
Fireplace
None
Exterior
Stucco
Yard
Sprinkler - Front, Sprinkler - Auto, Fenced, Mature Landcsape
Refrigerator
All Units
Stove
All units
Dishwasher
More than One unit
Disposal
All units
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Public Sewer
Garage Spaces
2
Additional Parking
Garage, Carport, Uncovered
Site Amenities
Corner
APN
153 280 85
School District
Mountain View Whisma
School Type 1
High School
School Name 1
Mountain View High
School Type 2
Junior High School
School Name 2
Crittenden Jr High
School Type 3
Grade School
School Name 3
Theuerkauf Elementar
Seller Will Consider
Cash
Tenant Pays
Electricity, Gas, Water, Sewer, Trash Collection, Cable TV
Income Includes
Unit Rent, Month to Month, Lease
Annual Income
148920.00
Annual Expense
10193.00
Expenses Include
Gardener, Insurance, Gas, Electric, Water, Sewer, Taxes
1st Loan Type
Free & Clear
Sources of Inc / Exp
Owner
Net Income
138727.00

Courtesy of Greg Haley, Universal Realty Services, Inc. - [email protected]
Last modified 3 weeks ago
Fresno MLS last checked for updates 13 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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