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
1061 Alma ST, Palo Alto, CA 94301
1061 Alma ST, Palo Alto, CA 94301
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Robert & Michelle Amato

Robert & Michelle Amato

+1(760) 887-2169
$ 3,500,000
Est. payment | /mo

2,577 SqFt

Save
$ 3,500,000
Est. payment | /mo
Save

2,577 SqFt

Open House

Sat Aug 01, 1:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,577 sqft

Price per Sqft $1,358

MLS Listing ID ML82053370

HOA Y/N No

Year Built 1965

Annual Tax Amount $15,087

Lot Size 10,497 Sqft

Property Sub-Type Quadruplex

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 699 - Not Defined

Zoning R1

Interior

Heating Central

Cooling None

Fireplace No

Exterior

Parking Features Covered, Uncovered

Carport Spaces 4

View Y/N No

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 4

Building

Story 1

Foundation Slab

Sewer Public Sewer

Schools

School District Palo Alto Unified

Others

Tax ID 12030045

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ephan Liu Wilbur Properties #02155256

Nearby Locations

Robert & Michelle Amato

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 887-2169

robertamato01@gmail.com

16209 Kamana Rd, Apple Valley, CA, 92307-0804, USA

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1061 Alma ST