Fourplex Income
1061 Alma Street Palo Alto, CA 94301
1061 Alma Street, Palo Alto, CA, 94301
$3,500,000
For Sale
$3,500,000
Fourplex for sale near downtown Palo Alto, offering a four-unit rental configuration with low-maintenance landscaping.
Property Size2,577 SF
Price / SF$1,358
Days on Market15
Property Features for 1061 Alma Street
General Information
- Standard status
- Active
- Size
- 2,577 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1965
Listing agency
Wilbur Properties
(916) 718-8267
Listed by
Ephan Liu · License #02155256
(916) 718-8267
Source
Exitrealty
Added: Jul 9 Updated: Jul 21 at 11:32PM Checked: Jul 22 at 8:12AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wilbur Properties
Investment Insights
Based on property information with market context.
1061 Alma Street is a fourplex that provides a four-unit residential income setup. The property is described as having a functional layout and strong tenant appeal, with curb appeal supported by low-maintenance landscaping and a classic white picket fence.
The location is noted as about five minutes from downtown Palo Alto and just blocks from University Avenue, with residents indicated to have access to dining, retail, and public transit. The surrounding area is also described as being in close proximity to Stanford University, major Silicon Valley tech campuses, and local schools.
As a residential income asset, this property is also presented in the remarks as being suitable for a 1031 exchange.
The location is noted as about five minutes from downtown Palo Alto and just blocks from University Avenue, with residents indicated to have access to dining, retail, and public transit. The surrounding area is also described as being in close proximity to Stanford University, major Silicon Valley tech campuses, and local schools.
As a residential income asset, this property is also presented in the remarks as being suitable for a 1031 exchange.
Key Highlights
- 1965‑built fourplex for sale near downtown Palo Alto
- Four‑unit rental configuration
- Located about 5 minutes from downtown Palo Alto
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Fourplex for sale near downtown Palo Alto, offering a four-unit rental configuration with low-maintenance landscaping.
Where is this quadplex located?
The property is located at 1061 Alma Street Palo Alto, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 1965‑built fourplex for sale near downtown Palo Alto; Four‑unit rental configuration; Located about 5 minutes from downtown Palo Alto
