26092617 Alma Street
Palo Alto, CA 94306
8
Bed
0
Bath
2,232Sqft
8,070Sqft(Lot)
Incredible opportunity for an apartment investor to renovate all units day one. 2609 - 2617 Alma Street presents a rare chance to acquire a 4-unit multifamily property in one of Silicon Valleys most sought-after residential neighborhoods. Located steps from the California Avenue Caltrain Station, the property offers an investor a clear path to renovation and full market-rate stabilization with meaningful upside in a fundamentally supply-constrained market. Redevelopment path also available - Approved development entitlement for 4 detached 3-story townhomes (For Rent homes only - not For Sale project). California Ave, just a couple blocks away (10 min walk or 3 min bike using the pedestrian underpass), is Palo Alto's most historic shopping district, featuring numerous shopping, dining, and
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bathroom Information
Total Baths: 0Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Flat -
Cooling Features
None Air ConditioningHeating Source
Has Heating
-
Building Information
Year Built: 1951 Building Area Total: 2,232 Roof: Flat -
Foundation
Slab -
Accessibility Features
None
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1853 -
Lot Size Source: Assessor Lot Size Square Feet: 8070
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Listing Price Information
Original List Price: 2,500,000 Listing Contract Date: 2026-05-29 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 13225057
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Garage and Parking
Garage Description: CarportHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Zoning: RM3 Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Quadruplex -
Building and Construction
Property Age: 75 Structure Type: Quadruplex Year Built Source: Other Total Square Feet Living: 2232
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ByOwner last updated this listing 06/27/2026 @ 04:33
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