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  • 1120 Elmer Street

1120 Elmer Street, Belmont, CA 94002

$1,595,000 Approx. USD 0 beds, 0 baths
2,516 sqft

Reduced by $85,000 on 10/8/2026
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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
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Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
Phone: 818-528-3200
Fax: 818-386-9007
 Sherman Oaks 14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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Fax: 818-386-9007
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Listing Agent


Matthew Thomson | matt.thomson@compass.com
Lic#: 01471708
Broker: Courtesy of Compass
Phone: 650-515-6555

Co Listing Agent


Bryan Danforth | bryan.danforth@compass.com
Lic#: 01789680
Broker: Courtesy of Compass
Phone: 650-274-5227

Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)
Status: Active
MLS# ML82051468
List price is $1,595,000 Reduced by $85,000 on 10/8/2026
Price: $1,595,000
Beds: 0
Baths: 0
Built in 1953
2,516 sqft
0.11 acres
Lot size: 0.1090
County: San Mateo
Zoning: C40000
Parking description: Carport
Heating/cooling: None
Heating description: Wall Furnace
MLS area: 699 - Not Defined

Last Updated: 10/8/2026

 Days On Market (DOM): 117

 Find more Belmont homes and real estate

 Find more homes in 94002 zip code

This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 37.520830, -122.273464.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Jesse Hlubik

Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com Text Me
Call My Cell
Call My Office
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423
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