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284 Elmwood St, Mountain View, CA, 94043

7beds
5baths
3,600sqft
$3,888,000
$1,080price/sqft
$25,418/moest. monthly cost
$1,016,720/yrincome needed

About This Home

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.

Getting Around

92
WalkingWalker's Paradise
54
TransitGood Transit
98
BikeBiker's Paradise

Schools

5/10
9/10
Crittenden Middle SchoolGrades 6-81.0 mi
10/10
Mountain View High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 1961

Materials

  • Foundation: Wood Subfloor
  • Roof: Composition
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Quadruplex

Interior

Appliances

  • Appliances included: Refrigerator: All Units,Dishwasher: More than One unit,Disposal: All units,Stove: All units

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 5

Features

  • Fireplace features: None

Heating & Cooling

  • Heating features: Floor or Wall Heat
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 3,600
  • Total interior livable area: 3,600 sqft

Property

Details

  • Parcel number: 15328085
  • Special condition: Estate Sale

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Fencing: Fenced

Lot

  • Lot size: 9,239 sqft
  • Features: Urban,Corner Lot,Sprinklers In Front,Sprinkler - Auto,Mature Landcsape

Parking

  • Total spaces: 2
  • Parking features: Garage,Carport,Open
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes