1061 Alma Street, Palo Alto, California 94301
  • $3,500,000

Overview

Property ID: ML82053370
  • Quadruplex, Residential Income
  • Property Type
  • 2577 Sqft
  • Area Size
  • 1965
  • Year Built

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

  • Address: 1061 Alma Street
  • City: Palo Alto
  • State/county: CA
  • Zip/Postal Code: 94301

Details

Updated on July 8, 2026 at 10:11 pm
  • Property ID ML82053370
  • Price $3,500,000
  • Property Size 2577 Sqft
  • Land Area 0.241 Acres
  • Year Built 1965
  • Property Type Quadruplex, Residential Income
  • Property Status Active

Additional details

  • Roof Shingle
  • Sewer Public Sewer
  • Cooling None
  • Heating Central
  • County Santa Clara
  • Property Type Residential Income
  • Parking Covered, Uncovered

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