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Triplex with Varied Unit Mix
New
For Sale
$2,200,000

2571 Alma ST, Palo Alto, CA 94301

Residential property with a private patio, multiple layouts, and dedicated parking associated with the residences.

Property Size1,822 SF
Days on Market3

Property Features for 2571 Alma ST

General Information

Standard status Active
Size 1,822 SF
Property subtype Triplex

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $16,676

Building Details

Building Size 1,822 SF
Year Built 1955
Listing Agency: Christie's International Real Estate Sereno
Listed By: Keerthi Naidu · License #02221880
Source: Johnpaye
Added: Sep 15 Changed: Sep 16 Last Checked: Sep 16 at 3:06PM

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 Christie's International Real Estate Sereno

Investment Insights

Based on property information with market context.

Built in 1955, this Palo Alto triplex contains three separate residences with a practical mix of layouts. The property includes one two-bedroom, one-bath home with a large private patio, along with two one-bedroom, one-bath residences. Each of the one-bedroom units has dedicated parking, adding convenience for occupants.

The property is positioned near California Avenue and the California Avenue Caltrain station, with shops, restaurants, and cafes in the surrounding area. Its Palo Alto setting also provides access to major Silicon Valley employers. The combination of three residences, varied unit configurations, private outdoor space, and transit proximity supports a range of residential ownership and occupancy arrangements.

Key Highlights

  • Three‑residence triplex in Palo Alto
  • Unit mix includes one 2‑bedroom, 1‑bath residence and two 1‑bedroom, 1‑bath residences
  • Large private patio attached to the 2‑bedroom residence

Property Analytics

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Current Use

SAI Medical Billing ... Accounting Firm

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,628
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Residential property with a private patio, multiple layouts, and dedicated parking associated with the residences.
Where is this triplex located?
The property is located at 2571 Alma ST Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Three‑residence triplex in Palo Alto; Unit mix includes one 2‑bedroom, 1‑bath residence and two 1‑bedroom, 1‑bath residences; Large private patio attached to the 2‑bedroom residence
More about this property
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