1061 Alma ST, Palo Alto, CA 94301
- $3,500,000
- 4
- BD
- 2,577
- SqFt
Listed by Ephan Liu, 650-741-1466 from Wilbur Properties
(If provided) CoList: from
- List Price
- $3,500,000
- MLS#
- ML82053370
- Status
- ACTIVE
- Zoning
- R1
- Sqft. of Residence
- 2,577
- Lot Size
- 10,500
- Listing Area
- Professorville
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
Additional Information
- Cooling System
- None
- Foundation
- Concrete Slab
- Garage Parking
- Assigned Spaces, Covered Parking, Uncovered Parking
- Heating System
- Central Forced Air
- Living Area
- 2,577
- Lot Size
- 10,500
- Neighborhood
- Professorville
- Other Utilities
- Available - Not On Site
- Roof
- Shingle
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- R1
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