Multifamily Corner Lot
For Sale
$3,690,000
284 Elmwood Street, Mountain View, CA 94043
Fully occupied multifamily property with maintained units totaling 3,600 square feet on a spacious corner lot.
Property Size3,600 SF
Price / SF$1,025
Days on Market9
Property Features for 284 Elmwood Street
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Multi-Family
Occupancy
100%
Building Details
Year Built
1961
Listing Agency:
(559) 696-9675
Listed By:
Lonnie Work
(559) 696-9675
Source:
Esquaw.idxbroker
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 31 at 3:12AM
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 Lonnie Work
Investment Insights
Based on property information with market context.
This fully occupied multifamily residence includes multiple units totaling 3,600 square feet. The units have been thoughtfully maintained and are currently generating steady rental income. Set on a spacious corner lot, the property also offers flexibility for future expansion or enhancement, subject to local planning requirements.
The location places residents within walking distance of downtown Mountain View. Mountain View Academy is nearby, and the Mountain View Transit Center is described as just a few blocks away. Caltrain station access is also noted as providing connectivity throughout the Bay Area.
The property’s configuration provides income today while retaining development potential through its corner lot setting, depending on what is allowable under applicable planning requirements.
The location places residents within walking distance of downtown Mountain View. Mountain View Academy is nearby, and the Mountain View Transit Center is described as just a few blocks away. Caltrain station access is also noted as providing connectivity throughout the Bay Area.
The property’s configuration provides income today while retaining development potential through its corner lot setting, depending on what is allowable under applicable planning requirements.
Key Highlights
- Fully occupied multifamily property with maintained units totaling 3,600 sq ft
- Built in 1961
- Spacious corner lot with potential for expansion or enhancement (subject to local planning requirements)
Property Analytics
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,640
Businesses Nearby
Explore this area
Business Placement
Demographics for 94043, CA
31,414
Population
14,756
Households
2.1
Avg Household Size
36
Median Age
71%
College-Educated
94%
High-School Grad
8.5 sq mi
ZIP Area
3,696
Density / Sq Mi
$180,781
Median Household Income
$113,861
Median Earnings
$2,965
Median Rent
$1,647,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Fully occupied multifamily property with maintained units totaling 3,600 square feet 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 $3,690,000.
What are key features of this property?
This property features: Fully occupied multifamily property with maintained units totaling 3,600 sq ft; Built in 1961; Spacious corner lot with potential for expansion or enhancement (subject to local planning requirements)
