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.
MLS #
ML81990618
MLS Source
MLSListings, Inc.
Days on Site
366
Kitchen
Countertop - Granite, Varies by Unit
Appliances
Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator, Washer/Dryer - Some Units
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Wall Furnace
Roof
Composition
Foundation
Pillar/Post/Pier, Crawl Space
Garage/Parking
Assigned Spaces, Attached Garage, Carport, On Street, Garage: 2 Car(s)
Elementary District
Mountain View Whisman
High School District
Mountain View-Los Altos Union High
Water
Public
Zoning
R2
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 4 | – |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 1,200 | 3 | 1/1 | $3,900 |
2 | 1,000 | 2 | 1/0 | $2,970 |
3 | 1,000 | 2 | 1/0 | $2,640 |
4 | 700 | 0 | 1/0 | $3,000 |
284 Elmwood St is a Residential Income in Mountain View, CA 94043. This 3,600 square foot property sits on a 9,148 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,000,000 and was built in 1961.
This address can also be written as 284 Elmwood St, Mountain View, CA 94043.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of August 01, 2025. For the most current information, please contact Greg Haley, (408) 505-0096