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1061 Alma Street, Palo Alto, California 94301

$3,500,000

Property Type
Residential Income
Square Feet
2,577 sqft
City
Palo Alto
Status
Active

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

1061 Alma St
Palo Alto, CA 94301
$3,500,000
2,577
Square Feet
10,500 sq ft
Lot Size
99
Days on Market

About

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

Listed by Ephan Liu with Wilbur Properties

Quick Facts

MLS Property Type
Residential Income
Property Subtype
Quadruplex
Status
Active
MLS Number
ML82053370
Year Built
1965
Lot Size
10,500 sq ft
Contact Agent

Vince Allan

DRE Lic. #01421798

Ask a question or request a showing.

Location

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Details

Cooling System
None
Heating System
Central

Lot Size
10,​498 sq ft
Parcel Number
12030045
Roof Type
Shingle
Zoning Code
R1

Parking Features
Covered,​ Uncovered

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