Triplex with Private
For Sale
$2,300,000
1751 Alma St, Palo Alto, CA 94301
Triplex built in 1951 offering one- and two-bedroom units with in-unit W/D, air conditioning, and private patios.
Property Size1,716 SF
Lot Size0.16 Acres
Price / SF$1,340
Days on Market50
Property Features for 1751 Alma St
General Information
Standard status
Active
Size
1,716 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Additional Details
Multifamily Units
3
Amenities
Trophy Location in World-Class Palo Alto with Nearby Luxury Residences Valued at over $20 Million+ – Investors have the rare opportunity to acquire a triplex in the prestigious Old Palo Alto.
Desirable Unit Mix - The subject property offers an attractive mix of beautifully designed two-bedroom and one-bedroom floor plans complemented by private back patios.
Convenient Property Amenities - Tenants enjoy gated access, private garage parking, secure storage cabinets and additional attic space.
Prestigious Palo Alto School District - The subject property is located in a continuously ranked number one public school district throughout California.
Building Details
Year Built
1951
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Palo Alto
(650) 391-1782
Listed By:
Adam Levin · License #License(s): CA: 01462752
(650) 391-1782
Source:
Marcusmillichap
Added: Jul 11
Changed: Aug 24
Last Checked: Aug 28 at 6:55AM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
This triplex investment property was originally constructed in 1951 and includes a mix of one-bedroom and two-bedroom floor plans. Each unit is described as offering in-unit washer and dryer, air conditioning, and private patios. The property also features gated access and private garage parking with attic space.
Located at 1751 Alma St in Palo Alto, the property is noted as very walkable with some transit service and a BikeScore of 100. The public remarks also reference proximity to schools, major employers, shopping, dining, and entertainment.
As a residential income property, it is configured to serve multiple households within a single building, supported by the amenity set described in the remarks.
Located at 1751 Alma St in Palo Alto, the property is noted as very walkable with some transit service and a BikeScore of 100. The public remarks also reference proximity to schools, major employers, shopping, dining, and entertainment.
As a residential income property, it is configured to serve multiple households within a single building, supported by the amenity set described in the remarks.
Key Highlights
- Triplex built in 1951 with approx. 1,716 sq ft gross building area
- Located on a 6,988 sq ft parcel
- Unit mix includes two‑bedroom and one‑bedroom floor plans
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,692
Businesses Nearby
Explore this area
Business Placement
Demographics for 94301, CA
17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Triplex built in 1951 offering one- and two-bedroom units with in-unit W/D, air conditioning, and private patios.
Where is this triplex located?
The property is located at 1751 Alma St Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Triplex built in 1951 with approx. 1,716 sq ft gross building area; Located on a 6,988 sq ft parcel; Unit mix includes two‑bedroom and one‑bedroom floor plans
