Palo Alto, CA 94301
$3,500,000
Bed
0
Bath
0
Living Space
2,577 SqFt
Year Built
1965
Lot Size
0.24 Acres
Days
52
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 courtesy ofEphan Liu License 02155256 Wilbur Properties
Data provided by MLSListings Inc.
- Addison Elementary School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle School (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 1061 Alma Palo Alto, CA, several parks offer recreational opportunities. These include Bowden Park, which features an open grassy area and a toddler playground, and Rinconada Park, a larger 19-acre park with a community swimming pool, tennis courts, and extensive playground areas. Greer Park, a 22-acre multi-purpose park, also offers various activities including basketball courts, baseball/softball fields, soccer fields, a skate park, and walking/bicycling trails.
The property is located in the Ventura neighborhood of Palo Alto. This area is characterized by its proximity to downtown Palo Alto, offering residents easy access to a variety of local businesses, dining options, and community events. The neighborhood is known for its leafy streets and historic homes, providing a tranquil residential atmosphere with convenient access to urban amenities.
1061 Alma Palo Alto, CA has a Walk Score of 54/100 and a Transit Score of 60/100. This location is considered somewhat walkable, meaning some errands can be accomplished on foot. Public transportation options include several bus lines, such as the 22 Palo Alto TC - Eastridge, and access to the Caltrain system via the California Avenue station, which is approximately a 13-minute walk away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Addison Elementary School (Elementary) - GreatSchools rating 9/10 - Frank S. Greene Jr. Middle School (Middle) - GreatSchools rating 9/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 1061 Alma Palo Alto, CA, several parks offer recreational opportunities. These include Bowden Park, which features an open grassy area and a toddler playground, and Rinconada Park, a larger 19-acre park with a community swimming pool, tennis courts, and extensive playground areas. Greer Park, a 22-acre multi-purpose park, also offers various activities including basketball courts, baseball/softball fields, soccer fields, a skate park, and walking/bicycling trails.
The property is located in the Ventura neighborhood of Palo Alto. This area is characterized by its proximity to downtown Palo Alto, offering residents easy access to a variety of local businesses, dining options, and community events. The neighborhood is known for its leafy streets and historic homes, providing a tranquil residential atmosphere with convenient access to urban amenities.
1061 Alma Palo Alto, CA has a Walk Score of 54/100 and a Transit Score of 60/100. This location is considered somewhat walkable, meaning some errands can be accomplished on foot. Public transportation options include several bus lines, such as the 22 Palo Alto TC - Eastridge, and access to the Caltrain system via the California Avenue station, which is approximately a 13-minute walk away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
