1061 Alma ST, Palo Alto, CA 94301

$3,500,000
2,577
SqFt

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List Price
$3,500,000
MLS#
ML82053370
Status
ACTIVE
Type
Multifamily
Living Area
2,577
Neighborhood
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

Year Built
1965
Sewer
Sewer - Public

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Courtesy of Wilbur Properties, Ephan Liu.

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