Listing provided courtesy of Matthew Thomson of Compass. Last updated 2026-07-30 08:11:02.000000. Listing information © 2026 Sandicor.
Asking Price: $1,680,000 |
1120 Elmer, Belmont CA 94002
Community: 699 - Not Defined
This Quadruplex property was built in 1953 and is priced at $1,680,000. Please see the additional details below.
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.
