2609-2617 Alma Street, Palo Alto, CA 94306

Palo Alto
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2609-2617 Alma Street,Palo Alto, CA 94306
$2,500,000
  • 8 Beds
  • - Baths
  • 2,232 sq. ft.
  • Multi-family
  • Active
Listed by: matthew thomson, bryan danforth
Office: compass
MLS#:ML82049055
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$1,120.07

About this home

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 professional services. With the heart of Stanford University being just 3-miles away, it offers a wide variety of attractions and experiences, including the Stanford Oval, hiking at the Stanford dish...

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Home facts

  • Year built:1951
  • Listing ID #:ML82049055
  • Added:1 day(s) ago
  • Updated:May 30, 2026 at 02:35 AM

Rooms and interior

  • Bedrooms:8
  • Living area:2,232 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:2,232 sq. ft.
  • Architectural Style:Quadruplex

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$1,120.07
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 May 30, 2026

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