10 photos · MLS data verified October 9, 2026 · Updated every 15 min
$1,595,000
Active
0 Beds·0 Baths·2,516 sqft·4,748 sqft lot·Built 1953
1120 Elmer St, Belmont, CA 94002
Listed 113 days ago · | MLS# ML82051468
$633/sqft
1120 Elmer St is a home in Belmont 94002 with 2,516 square feet of living space, built in 1953. It is listed at $1,595,000, or $633 per square foot.
Est. $10,200/moP&I $8,276 · Tax $1,661 · Insurance $262 · HOA $0Assumes 20% down ($319,000) 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 a 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.
24Active in Belmont
1.1 moInventory
Why This Home Stands Out
🏠
2,516 sqft
Built in 1953.
Best fit forActive BuyersBelmont SearchersMove-Up / Move-In
About 1120 Elmer St
PRICE IMPROVED!! 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. 4.04% Day 1 Cap Rate with room to improve significantly ASAP! 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.
MLS ID #ML82051468, Matthew Thomson. Listing provided by Compass · MLSListings Inc.
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Property Details for 1120 Elmer St
Overview
- Property Type
- Fourplex
- Year Built
- 1953
- Stories
- 2
- Bathrooms
- 0 Full
- Living Area
- 2,516 sqft
- Lot Size
- 4,748 sqft (0.11 acres)
- Price/sqft
- $633
- Status
- Active
Interior
- Heating
- Gas, Wall furnace
- Cooling
- None
Exterior and Parking
- Carport
- 4 spaces
- Roof
- Flat
- Foundation
- Concrete slab
- Zoning
- C40000
Community and HOA
- Utilities
- Water public, Individual electric meters, Individual gas meters
- County
- San Mateo
- City
- Belmont
Schools
- School District
- Belmont Redwood Shores Elementary
- Belmont Schools
- View Belmont schools
Listing
- MLS Number
- ML82051468
- Listed
- June 18, 2026
- Days on Market
- 113
- Listing Agent
- Matthew Thomson
- Listing Brokerage
- Compass
- Data Verified
- October 9, 2026
Source: MLSListings Inc. School attendance boundaries are set by the district and can change; verify directly with the district.
Free from Aegis · Updated for October 2026
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Location
1120 Elmer St, Belmont, CA 94002 · San Mateo County
Market Context
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Get My Offer Range →Frequently Asked Questions
Listed at $1,595,000 ($633/sqft).
Listed June 18, 2026. That is 113 days on market as of October 9, 2026.
Est. $10,200/mo with 20% down ($319,000) at 6.75%. That is principal and interest $8,276, property tax $1,661 and insurance $262. The assumptions and lender disclosure are with the payment estimate at the top of this page.
There are 24 active listings in Belmont.
Yes. As of October 9, 2026, 1120 Elmer St is an active listing at $1,595,000.
See This Home · Scheduling Is Free
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Broker · DRE# 01328224 · Over 23 Years Experience
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Buyers
See 1120 Elmer St before the weekend
Listed 113 days ago.
Questions
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Timothy Alston, Broker, DRE# 01328224. Over 23 years in Silicon Valley real estate.
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