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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

4 Beds ⋅ ML82053370 MLS

1061 Alma ST, Palo Alto

Listed by Ephan Liu, 650-741-1466 from Wilbur Properties
(If provided) CoList: from

$2,698,000

We are very pleased to present a truly unique residential compound that redefines the standard for flexible living in Palo Alto. The property features a 3-bedroom / 2-bathroom main residence, which has been walled off to create a 2-bedroom / 1-bathroom, and an attached 1-bedroom / 1-bathroom with it's own entrance. This is complemented by two additional detached structures. This rare configuration offers a level of versatility seldom found in the local market, making it an ideal acquisition for buyers looking to maximize both utility and long-term property value. The property's primary appeal lies in its versatility. The two auxiliary structures provide a turnkey solution for a variety of modern living needs, whether you are hosting a multigenerational family or seeking consistent rental income in a high-demand zip code. The ability to separate work, guest, and living spaces within a single lot offers a level of privacy and adaptability that is increasingly essential for the Silicon Valley lifestyle. This is more than a home; it is a strategic asset in one of the worlds most resilient real estate markets. By combining a prime location with a high-density, multi-unit layout, this property represents a premier opportunity for the discerning investor or homeowner.

3 Beds ⋅ 2 Baths ⋅ ML82063935 MLS

1111 Alma ST, Palo Alto

Listed by Ryan Eltherington, 650-492-0088 from Midtown Realty
(If provided) CoList: from

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Legacy Real Estate Inc are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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