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29598055
29598056

284 Elmwood St, Mountain View, CA 94043

GH
01335841
$3,790,000
145 days on market
Updated 39 days ago

Mountain View Multi-Unit

Details
APN 153-28-085
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,600
Units 4
Occupancy 100%
Price per SqFt $1,053
Broker Co-Op Yes
Year Built 1961
Year Renovated 2000's
Buildings 3
Stories 2
Lot Size (SqFt) 9,240
Parking Spaces 4 per unit

Mountain View - Corner Multi Unit - PRIME Location

Marketing 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 Mountain View, making daily errands a breeze. 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, just a few blocks away. The Caltrain station ensures seamless connectivity throughout the Bay Area.

Each dwelling unit has been thoughtfully maintained, creating comfortable living spaces that tenants love to call home. 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 in today's competitive market.

Investment highlights

Property Details

284 Elmwood St, Mountain View CA 94043 - Single Family Home

  • 3 Bedroom | 2 Bathroom | Own Laundry Room | Carport
  • $3,900 monthly Rent - Lease - month to month
  • Tenant Pays - ALL utilities, PG&E, Cable, Internet Etc.
  • Landlord pays landscaper

296 Elmwood St, Mountain View CA 94043 - Duplex (bottom unit)

  • 2 Bedroom | 1 Bathroom | Shared Laundry room | Garage
  • $2,970 monthly Rent - Tenant pays 6 months at a time - month to month lease - Tenant has been there since 2011
  • Tenant Pays - ALL utilities, PG&E, Cable, Internet, Etc.
  • Landlord pays landscaper

298 Elmwood St, Mountain View CA 94043 - Duplex (top unit)

  • 2 Bedroom | 1 Bathroom | Shared Laundry Room | Garage
  • $2,640 monthly Rent - month to month lease - tenant has been there since 2011
  • Tenant Pays - PG&E, Cable, Internet Etc.
  • Landlord pays - Water/Garbage and Landscaper

Studio

  • Studio | Shared laundry room
  • $3,500 monthly rent to Traveling Professionals (typically 3-month agreements) - Month to Month Lease current tenant has been there over 1 year
  • Landlord Pays - PG&E, Water/Garbage, Cable, Internet, Landscaper | fully furnished

Listing Contacts

GH
01335841

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Zoning

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R2 ResidentialTwo FamilyResidential One And Two Family
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Last updated Feb 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Kyle Wilkins
License
01766038
Brokerage
Universal Realty Services, Inc.
Brokerage Phone
559-298-0180
Title
Broker of Record
Brokerage Address
1520 Shaw Ave, Clovis CA 93611
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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