- 7 Beds
- 3,600 Sqft
- .21 Acres
- 364 DOM
284 Elmwood Street
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.
Essential Information
- MLS® #ML81990618
- Price$4,000,000
- Bedrooms7
- Bathrooms0.00
- Square Footage3,600
- Acres0.21
- Year Built1961
- TypeResidential Income
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address284 Elmwood Street
- Area699 - Not Defined
- CityMountain View
- CountySanta Clara
- Zip Code94043
Amenities
- UtilitiesNatural Gas Available
- Parking Spaces2
- ParkingCarport
- # of Garages2
- GaragesCarport
- ViewPark/Greenbelt
Interior
- HeatingWall Furnace
- CoolingWall/Window Unit(s)
- # of Stories1
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Exterior
- RoofComposition
School Information
- DistrictOther
Additional Information
- Date ListedJanuary 16th, 2025
- Days on Market364
- ZoningR2
Listing Details
- AgentGreg Haley
- OfficeUniversal Realty Services, Inc
Price Change History for 284 Elmwood Street, Mountain View, (MLS® #ML81990618)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $4,200,000 to $4,000,000 | ||
| Price Reduced from $4,300,000 to $4,200,000 | ||
| Price Reduced from $4,400,000 to $4,300,000 | ||
| Price Reduced from $4,500,000 to $4,400,000 | ||
| Price Reduced from $4,700,000 to $4,500,000 |
Greg Haley, Universal Realty Services, Inc.
Based on information from California Regional Multiple Listing Service, Inc. as of August 21st, 2025 at 3:12pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.