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A rare opportunity just moments from California Avenue and the California Avenue Caltrain station, 2571 Alma Street is a well-maintained Palo Alto triplex offering flexibility, income potential, and an exceptional location. The property features three residencesa two-bedroom, one-bath unit with large private patio and two one-bedroom, one-bath unitseach with dedicated parking. Ideal for investors, multi-generational living, or an owner-occupant looking to offset their mortgage with rental income, the property offers multiple possibilities for both immediate use and long-term value. Its versatile unit mix makes it an attractive addition to a rental portfolio or a unique opportunity to live in one unit while generating income from the others. Enjoy convenient access to the shops, restaurants, and cafés along California Avenue, nearby Caltrain, and major Silicon Valley employers. A compelling opportunity to own a multi-unit property in one of the Bay Areas most desirable markets.
Listing agent: Keerthi Naidu DRE #02221880 keerthi@sereno.com, Listing office: Christie's International Real Estate Sereno
MLS data updated 10/31/2026, 1:01:36 AM PT
Source: CRMLS, MLS #: ML82057295
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 15, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$2,200,000Original asking price · Sep 15, 2026ZIP 94301 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.