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Mountain View, CA

$3,690,000

284 Elmwood Street, Mountain View, CA
0
Baths
3,600
Sq Ft
1961
Built
163
Days listed

About this home

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.

Facts & features

Interior
Bathrooms
0
Living area
3,600 sq ft
Appliances
Dishwasher, Disposal, Microwave, Refrigerator
Heating
Wall Furnace
Cooling
Wall Window Units
Exterior & lot
Lot size
0.21 acres (9,148 sq ft)
View
Park Greenbelt
Year built
1961
Parking
Carport
Parking spaces
2
Community
Area
699 - Not Defined
County
Santa Clara
Listing details
Status
Active
Property type
Mixed Use
Days on market
163
Listed
2026-02-02
Original price
$3,888,000
Parcel #
15328085
MLS #
ML82033425
Listed by
Greg Haley · Universal Realty Services, Inc

Location

Price history

Listed
$3,888,000 · 2026-02-02
Price reduced
$3,690,000 (−$198,000)
Days on market
163
Current price
$3,690,000
Financing

Could this home be yours?

Estimated monthly payment
$23,148
$18,659 principal & interest · $4,490 taxes & insurance
$738,000
Estimate only
Loan $2,952,000

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What's your home worth?

Estimated value range nearby
$5,550,232$6,515,489

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Universal Realty Services, Inc. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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