Property Detail

1120 Elmer

Belmont CA 94002

$1,680,000

Status: Active

Property Details

Description

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. 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.

Map Location

Listing provided courtesy of Matthew Thomson of Compass. Last updated 2026-06-22 08:11:28.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
Inquire Now

I agree to be contacted by Collins Coastal and Coldwell Banker Realty via text. To opt out, you can reply "STOP" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Message frequency varies. Privacy policy and Terms of Service

admin Real estate https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png realtor https://g.page/r/CayICkO-JykjEBM/review # # https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png