1061 Alma St

Palo Alto, CA 94301
  • $3,500,000

    Price
  • 4

    Bed
  • 0

    Bath
  • 2,577

    SqFt

About the Listing ML37687 - ML5109056

Located 5 minutes from downtown Palo Alto, 1061 Alma Street presents a rare and exceptionally well-situated investment opportunity. This prime fourplex offers stable cash flow with significant long-term appreciation potential in one of the world's most desirable real estate markets. The property features a highly functional layout with strong tenant appeal, making it an ideal addition to any investment portfolio or a perfect candidate for a 1031 exchange. Its distinct curb appeal, complete with a classic white picket fence and low-maintenance landscaping, stands out in a high-demand rental corridor Positioned just blocks from University Avenue, residents enjoy immediate access to world class dining, premier retail, and public transit. Proximity to Stanford University, major Silicon Valley tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come

Listing Highlights

Status Active
Days on Site 53
Property Type Multi-Family
MLS ® ML82053370
Year Built 1965
Total Square Footage 2,577
Lot/Acreage 0.24

Interior Details

  • Bedrooms: 4
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating: Central
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 4
  • Zoning: R1
  • Roof: Shingle
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Covered,Uncovered

Financial Details

  • Tax Amount: $15,087
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 12030045
  • Tax Year: N/A

Payment Calculator

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Questions About..

1061 Alma St Palo Alto, CA 94301

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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