Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2,516 sqft

$1,680,000

1120 Elmer Street, Belmont CA, 94002

Price per sqft$667.73
Built in1953
Property size2,516 sqft
Property typeMulti-family

Overview

Active

Listed Jun 18, 2026

Updated 11 days ago

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.

$11,177/mo

Est. mortgage payment based on a $1,680,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
ML82051468

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.11 Acres
MLS provider logo

Listed by Matthew Thomson, Bryan Danforth with Compass
Listing Contact: 650-515-6555 

Bay East  ©2026 CCAR  ©2026. bridgeMLS  ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2:20 AM UTC, 9/26/2026.

Powered by Luxury Presence