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1061 Alma Street

Palo Alto, CA 94301
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Bed 4

Bed

Bath 0

Bath

SqFt2,577

Sqft

SqFt10,500

Sqft(Lot)

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 Valle y tech campuses, and top-tier local schools ensures a consistent, high-quality tenant pool for years to come

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,500,000

AD Id : 87765841

MLS Id : ML82053370

Beds : 4

Lot Size : 10,500 Sqft

Living Area Size : 2,577

Year Built : 1965

County : Santa Clara

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1965
    Building Area Total: 2577
    Private Pool: No

  • Lot Information

    Main Square Feet: 10500 Lot Size Acres: 0.241 Lot Size Source: Assessor Lot Size Square Feet: 10,500

  • Listing Price Information

    Listing Price: $3500000

  • Tax Information

    Parcel Number: 12030045 Annual Tax: $15087

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
103 Tennyson Avenue, Palo Alto, CA, 94301 $2,988,000 -- -- 3,371 3,371 SqFt
270 Everett Avenue, Palo Alto, CA, 94301 $2,300,000 3 -- 1,840 1,840 SqFt
183 Everett Avenue, Palo Alto, CA, 94301 $3,100,000 3 -- 1,335 1,335 SqFt

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ByOwner last updated this listing 07/19/2026 @ 10:13

MLS: ML82053370 LISTED BY: Ephan Liu, Wilbur Properties 650-847-3800 SOURCE: CRMLS

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