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1751 Alma Street — Palo Alto — 1,716 Sq Ft | Belmont Brokerage

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$2,300,000

$1,340/ft²

1,716 sqft|6,998 sqft lot|1951 Built|0 DOM

1751 Alma St, Palo Alto, CA 94301

Property Description

1751 Alma St is a premier triplex multifamily investment opportunity located in the thriving city of Palo Alto, California. Situated on a 6,988-square-foot parcel of land, the subject property was originally constructed in 1951 and features a gross building area of approximately 1,716 square feet, offering its tenants beautifully designed two-bedroom and one-bedroom floor plans. Tenants at 1751 enjoy convenient amenities, including air conditioning, in-unit W/D, and private patios. Additionally, 1751 Alma St offers tenants convenient property amenities, including gated access and private garage parking with attic space. The investment appeal of this property is driven by Palo Alto's strong employment fundamentals and low vacancy levels. With a world-class location in the heart of Silicon Valley, 1751 Alma St presents an attractive choice for renters due to its close proximity to prestigious schools, major employers, shopping, dining, and entertainment options.

Listing provided by: Adam S. LevinDRE #01462752(650) 391-1700 alevin@marcusmillichap.com, Marcus & Millichap

MLS #: ML82053765