1061 Alma Street, Palo Alto, CA 94301

Palo Alto
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1061 Alma Street,Palo Alto, CA 94301
$3,500,000
  • 4 Beds
  • - Baths
  • 2,577 sq. ft.
  • Multi-family
  • Active
Listed by: ephan liu
Office: wilbur properties
MLS#:ML82053370
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$1,358.17

About this home

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

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Home facts

  • Year built:1965
  • Listing ID #:ML82053370
  • Added:1 day(s) ago
  • Updated:July 09, 2026 at 02:40 PM

Rooms and interior

  • Bedrooms:4
  • Living area:2,577 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1965
  • Building area:2,577 sq. ft.
  • Architectural Style:Quadruplex

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$1,358.17
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at July 9, 2026

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