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Corner Lot Multi-Family Property

284 Elmwood Street Mountain View, CA 94043

284 Elmwood Street, Mountain View, CA, 94043
$3,888,000
For Sale
$3,888,000

Fully occupied multi-family asset with multiple units and steady rental income on a spacious corner lot.

Property Size3,600 SF
Price / SF$1,080
Days on Market60

Property Features for 284 Elmwood Street

General Information

Standard status
Active
Size
3,600 SF
Property subtype
Multi Family

Building Details

Year Built
1961
Listing agency Universal Realty Services, Inc.
Listed by Greg J. Haley · License #01335841
Source Exitrealty
Added: May 24 Updated: Jul 22 at 11:19AM Checked: Jul 22 at 11:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Universal Realty Services, Inc.


Investment Insights

Based on property information with market context.

This multi-family property is offered for sale as a fully occupied residence with multiple units totaling 3,600 square feet. The units have been thoughtfully maintained and are currently generating steady rental income. The property also sits on a spacious corner lot, providing potential for expansion or enhancement subject to local planning requirements.

Located at 284 Elmwood Street in Mountain View, residents are within walking distance of downtown Mountain View. Mountain View Academy and the Mountain View Transit Center are described as nearby, with the Transit Center noted as just a few blocks away. Caltrain station access is also highlighted as offering connectivity throughout the Bay Area.

For investors, the existing occupancy and rental income provide immediate value, while the corner lot and development potential support long-term considerations, subject to applicable approvals.

Key Highlights

  • Multi‑family property built in 1961
  • Multiple units totaling about 3,600 sq ft with current full occupancy
  • Spacious corner lot offering expansion or enhancement potential (subject to local planning requirements)

Property Analytics

Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Discount Store Tattoo & Piercing Shop Pharmacy Grocery & Convenience Store Cosmetic Store Storage Facility Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Fully occupied multi-family asset with multiple units and steady rental income on a spacious corner lot.
Where is this multifamily property located?
The property is located at 284 Elmwood Street Mountain View, CA.
What is the asking price?
The asking price for this property is $3,888,000.
What are key features of this property?
This property features: Multi‑family property built in 1961; Multiple units totaling about 3,600 sq ft with current full occupancy; Spacious corner lot offering expansion or enhancement potential (subject to local planning requirements)
Contact an agent
More about this property
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