$1,680,000 1120 Elmer ST, Belmont 0 bd · 0 ba · 2,516 sqft
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HomeHomes for SaleBelmont › 1120 Elmer ST
10 photos · MLS data verified July 18, 2026 · Updated every 15 min
$1,680,000 Active
0 Beds·0 Baths·2,516 sqft·4,748 sqft lot·Built 1953
1120 Elmer ST, Belmont, CA 94002
Listed 30 days ago · June 18, 2026  |  MLS# ML82051468
$667/sqft -38% vs Belmont avg
What this means: Priced below the Belmont per-sqft average. Compare to recent sales below for context.
Est. $10,729/moP&I $8,717 · Tax $1,750 · Insurance $262 · HOA $0Assumes 20% down ($336,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
36Active in Belmont
33Active in 94002
22Avg DOM
$1,081Avg $/SqFt
105.2%Sale-to-List
1.4 moInventory
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Why This Home Stands Out

📍
Belmont Location
Active listing in Belmont, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
🏠
0 Bed / 0 Bath / 2,516 sqft on 4,748 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
💰
Listed at $1.7M vs City Average $2.1M
$667/sqft compared to Belmont avg $1,081/sqft (-38.2%).
Best fit forActive BuyersBelmont SearchersMove-Up / Move-In

About This Home

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.
MLSListings IDX
MLS ID #ML82051468, Matthew Thomson. Listing provided by Compass · MLSListings Inc.
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Property Details

Property Type
Fourplex
Year Built
1953
Bedrooms
0
Bathrooms
0 Full
Living Area
2,516 sqft
Lot Size
4,748 sqft
Garage
N/A
Price/sqft
$667
County
SanMateo
MLS Number
ML82051468
Status
Active
Stories
N/A
HOA
None

Interior Features

Gas, WallFurnace

Exterior & Lot

Flat Roof0.11 Acres

Location

This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
1120 Elmer ST, Belmont, CA 94002 · SanMateo County

Market Context

Price Positioning
$ Price context: Listed at $667/sqft vs Belmont avg $1,081/sqft (38.2% below).
$ Sale-to-list: Belmont homes selling at 105.2% of asking.
Velocity: City avg 22 days. This home: 30 days.
🏠 Inventory: 0 0-bedroom homes currently available in Belmont.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
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Timothy
Timothy Alston
Broker · Over 23 Years Experience

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Market Snapshot

$2,091,307Average Price-2.8% vs Last Year
22Avg DOM+4.8 days vs Last Year
36Active Listings+157.1% vs Last Year
105.2%Sale-to-List-1.7% vs Last Year
Full Market Snapshot →
Timothy Alston
Timothy Alston
Broker · DRE# 01328224
Aegis Luxury Real Estate
(408) 207-4593[email protected]
For Homeowners

What would your Belmont home sell for today?

Homes in Belmont are selling at 105.2% of asking in 22 days.

105.2%Sale-to-List
22Avg Days
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View All Listings →

This 2,516 square foot home at 1120 Elmer ST in Belmont features 0 bedrooms and 0 bathrooms. Listed at $1,680,000, this HomeviewSterlingDowns property reflects the current pricing trends for 0-bedroom homes in the 94002 zip code.

0-Bedroom Homes for Sale in Belmont 94002

Browse 0-bedroom home listings in the HomeviewSterlingDowns area of Belmont. Properties in 94002 are currently averaging $1,081 per square foot with 22 days on market.

What to Expect When Buying in HomeviewSterlingDowns

The HomeviewSterlingDowns market in Belmont features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.

Recently Sold in Belmont

No recent sold comps found in this segment.

For Homeowners

Your neighbors are selling. Should you?

In June 2026, 26 homes sold in Belmont at an average of $2,350,569. The average sale closed at 105.2% of asking price.

26Sold (June 2026)
$2,350,569Average Sale Price
105.2%Sale-to-List
Timothy
What happens when the right home lists and nobody knows you are looking for it?
In Belmont, Data pending new listings hit the MLS this week. By the time most search sites update, the window has already narrowed.
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Nearby Belmont Homes for Sale View All 33 →

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Belmont Market Overview Full Stats →

$2,350,569Avg Sale Price-2.8% vs Last Year
22Avg DOM+4.8% vs Last Year
36Active Listings
105.2%Sale-to-List
$1,081Price/sqft
1.4Months Inventory
26Closed (Last Mo)
Data pendingNew Listings/Mo
Source: MLSListings Inc. · July 2026

Frequently Asked Questions

Listed at $1,680,000 ($667/sqft). Belmont avg is $1,081/sqft, placing this 38.2% below. Comparable recent sales help frame the value.
Listed 30 days (as of June 18, 2026). Belmont average is 22 days.
Est. $10,729/mo with 20% down ($336,000) at 6.75%. Includes principal & interest ($8,717), property tax ($1,750), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 36 active listings in Belmont (0 are 0-bedroom). At $1,680,000 this is positioned against the city average of $2,091,307. Similar homes have sold at 105.2% of asking.
0-bedroom homes in Belmont (94002) are currently averaging $1,081 per square foot. Market activity shows homes spending an average of 22 days on market in this area.
1120 Elmer ST in Belmont is currently listed at $1,680,000. This 0-bedroom, 0-bathroom home is located in the HomeviewSterlingDowns area.

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MLSListings IDX

Property Information © 2026 MLSListings Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.

Based on information from the MLSListings MLS as of Jul 18, 2026 9:15 PM PT. 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.

These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.

Data updated every 15 minutes. Visit www.MLSListings.com for more information.

Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.

Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.

Last updated: Jul 18, 2026 9:15 PM PT | Source: MLSListings Inc.

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