1061 Alma Street, Palo Alto, CA — listing photo 1
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FOR SALE

1061 Alma Street

Palo Alto, CA 94301
2,577 Sq Ft
Built 1965
$3,500,000

Property Overview

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

Home Details

Property type
Residential Income - Quadruplex
Year built
1965
Living area
2,577 sq ft
Lot size
10,500 sq ft
Parking
4 spaces
Carport
4 spaces
Stories
1
Days on market
98
MLS status
Active
Zoning
R1

Features & Amenities

Parking

  • Covered
  • Uncovered

Community, Schools & Utilities

Community

Annual property tax
$15,087

Schools

School district
Palo Alto Unified

Utilities

Heating
Central
Cooling
None
Sewer
PublicSewer
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Location & Neighborhood

1061 Alma Street

Palo Alto, CA 94301

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Frequently Asked Questions About 1061 Alma Street

Property type: Residential Income

The current asking price is $3,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1061 Alma Street. Our team will confirm availability and timing.
This property offers approximately 2,577 square feet of living space. It was built in 1965. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Palo Alto, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Palo Alto property.
The MLS currently reports the property as Active. It has been listed for 98 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Ephan Liu
MLS ID: ML5109056

Available property

$3,500,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.