1061 Alma ST, Palo Alto, CA 94301
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1061 Alma ST, Palo Alto, CA 94301
1061 Alma ST, Palo Alto, CA 94301
1061 Alma ST, Palo Alto, CA 94301
1061 Alma ST, Palo Alto, CA 94301
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Chris Knox

Chris Knox

+1(408) 205-3599
Listed by Ephan Liu • Wilbur Properties, DRE#02155256
$ 3,500,000
Est. payment /mo
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Open Sat 1PM-4PM

1061 Alma ST Palo Alto, CA 94301

4 Beds

4 Baths

2,577 SqFt

Open House

Sat Jul 11, 1:00pm - 4:00pm

Sun Jul 12, 1:00pm - 4:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,577 sqft

Price per Sqft $1,358

MLS Listing ID ML82053370

Bedrooms 4

Full Baths 4

Year Built 1965

Lot Size 10,500 Sqft

Property Sub-Type Fourplex

Property Description

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

Location

State CA

County Santa Clara

Area Professorville

Zoning R1

Interior

Heating Central Forced Air

Cooling None

Exterior

Parking Features Assigned Spaces, Covered Parking, Uncovered Parking

Utilities Available Available - Not On Site

Roof Type Shingle

Building

Story 1

Foundation Concrete Slab

Sewer Sewer - Public

Water Individual Water Meter

Level or Stories 1

Others

Tax ID 120-30-045

Security Features None

Horse Property No

Special Listing Condition Not Applicable

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Chris Knox
Chris Knox

Broker Associate | License ID: DRE: 01179818

+1(408) 205-3599 | chris@knoxteam.com

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1061 Alma ST