1061 Alma Street, Palo Alto, CA 94301
List Price: $3.5M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms · 2,577 sq ft
Property Type: ResidentialIncome
Year Built: 1965
Lot Size: 10,500 sq ft
Annual Property Tax: $15,087
MLS Number: ML82053370
About This Property
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
Listing provided by: Ephan Liu DRE #02155256 650-847-3800 ephanrealtor@gmail.com, Wilbur Properties
Source: CRMLS, MLS #: ML82053370
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