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Louis Fong | 1% List Fee Realtor

louis@equitashomes.com +1(408) 561-1321

Listed by Matthew Thomson • Compass, DRE#01471708

$ 1,680,000

Est. payment -/mo

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Open Fri 11:30AM-1PM

1120 Elmer ST Belmont, CA 94002

4 Beds

4 Baths

2,516 SqFt

Open House

Fri Jun 26, 11:30am - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $667

MLS Listing ID ML82051468

Bedrooms 4

Full Baths 4

Year Built 1953

Lot Size 4,748 Sqft

Property Sub-Type Fourplex

Property Description

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.

Location

State CA

County San Mateo

Area Homeview / Sterling Downs

Zoning C40000

Interior

Heating Gas, Wall Furnace

Cooling None

Exterior

Parking Features Carport

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Flat / Low Pitch

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Tax ID 040-332-080

Security Features Security Lights

Horse Property No

Special Listing Condition Not Applicable

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Louis Fong | 1% List Fee Realtor

Broker Associate | License ID: DRE 01151598

+1(408) 561-1321 | louis@equitashomes.com

Louis Fong | 1% List Fee Realtor

1120 Elmer ST Belmont, CA 94002

Open House

Key Details

Location

Interior

Exterior

Building

Others

GET MORE INFORMATION

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1120 Elmer ST