CA
Santa Clara
PALO ALTO
94301
1061 Alma Street
1061 Alma Street, PALO ALTO, CA 94301
Share Listing
Listing Type
Multi Family
Listing Status
Active
13
$3,500,000

Home Details for 1061 Alma Street

Price
$3,500,000
Type
Residential Income
Square feet
2577
Year built
1965
County
Santa Clara
MLS Listing#
ML82053370
Listed By: Wilbur Properties - 650-847-3800
Listed By: Ephan Liu
Property Description

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

Property Features
  • Heating Information
    • Central
    • Forced Air
  • Parking
    • Assigned
    • Covered
  • Cooling Information
    • None
MLSListings logo The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than EXIT Realty are marked with the Internet Data Exchange adn detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS. 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. Copyright 2026 MLSListings Inc. All rights reserved.

IDX display powered by Constellation Web Solutions
Last Updated: 2026-07-08 15:30:21
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from MLSListings.
EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
Request more details
Code: