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284 Elmwood St
For Sale $3,888,000 ($1,080.00 per Sq Ft)
$3,888,000 ($1,080.00 per Sq Ft)
- Units
- 3,600 Sq Ft
- 9,148 Sq Ft
- Unknown Cap Rate
Description
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. 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, a few blocks away. The Caltrain station ensures seamless connectivity throughout the Bay Area. 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,888,000 |
| Property Type | Flex Space |
| Usable Sqft | 3,600 |
| Number of Stories | 1 stories |
| Parking Spots | 2 spots |
| Year Built | 1961 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 15328085 |
| MLS # | ML82033425 |
| Property ID | 322560025 |
| Lot Sqft | 9,148 |
| Zoning | R2 |
| Days on Market | 5 |
| Original List Price | $3,888,000 |
| Applicances | Dishwasher,Disposal,Microwave,Refrigerator% |
| Date Updated | February 02, 2026 |
| Date Created | February 02, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Greg Haley an agent of . Lic #01335841
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 02, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
REAL ESTATE AGENT