1120 Elmer Street, Belmont, CA 94002
See all 10 photos
1120 Elmer Street, Belmont, CA 94002
1120 Elmer Street, Belmont, CA 94002
1120 Elmer Street, Belmont, CA 94002
1120 Elmer Street, Belmont, CA 94002
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Matthew Thomson • Compass • 415-874-5000
$ 1,595,000
Est. payment /mo
Save
Pending

1120 Elmer Street Belmont, CA 94002

2,516 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $633

MLS Listing ID ML82051468

HOA Y/N No

Year Built 1953

Lot Size 4,748 Sqft

Property Sub-Type Quadruplex

Source Datashare MLSListings

Property Description

PRICE IMPROVED!! 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. 4.04% Day 1 Cap Rate with room to improve significantly ASAP! 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.

Location

State CA

County San Mateo

Interior

Heating Natural Gas, Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

Water Public

Schools

School District Sequoia Union High, Belmont-Redwood Shores Elementary

Bay East Association of Realtors
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Nearby School & Business

Garrick Yan

Garrick Yan

Team Leader CA BRE #01916102

+1(510) 999-8008

Get More Information

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from EXP Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Quick Search