1061 Alma Street, Palo Alto, CA

$3,500,000

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4

Beds

2,577

Square feet

About 1061 Alma Street

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

Features of 1061 Alma Street

MLS® # ML82053370
Price $3,500,000
Bedrooms 4
Square Footage 2,577
Year Built 1965
Type Residential Income
Sub-Type Quadruplex
Status Active

Community Information

Address 1061 Alma Street
City Palo Alto
County Santa Clara
State CA
Zip Code 94301

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Cooling No Air Conditioning
Fireplace No

School Information

District Palo Alto Unified

Additional Information

Date Listed July 8th, 2026
Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentEphan Liu
OfficeWilbur Properties

Listing Map

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