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3-Unit Triplex
For Sale
$2,200,000

2571 Alma Street, Palo Alto, CA 94301

ResidentialIncome, PaloAlto, CA

Property Size1,822 SF
Lot Size0.14 Acres
Price / SF$1,207
Days on Market37

Property Features for 2571 Alma Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning RM3
Parking 1
Parking features Assigned
Appliances CooktopGas, Dishwasher, WasherDryer
Elementary school PaloAltoUnified
High school PaloAltoUnified
Elementary school district PaloAltoUnified
High school district PaloAltoUnified
Subdivision Midtown
Standard status Active
APN 132-25-041
Size 1,822 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 16676

Utilities

Cooling system Wall Unit(s)
Water source Public

Building Details

Year built 1955
Floors in Building 1
Number of units 3
Roof type Metal
Listing Agency: Christie's International Real Estate Sereno
Listed By: Keerthi Naidu · License #02221880
Added: Sep 15 Changed: Oct 21 Last Checked: Oct 21 at 6:06AM
MLS# ML82057295

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The Palo Alto property contains three residences: one with two bedrooms, one bathroom, and a private patio, plus two one-bedroom, one-bathroom units. The building has 1,822 square feet on a 0.1389-acre lot and was built in 1955. Features include gas cooktop, dishwasher, washer and dryer, wall-unit cooling, and a metal roof. Each residence has dedicated parking, with assigned parking listed for the property. The zoning is RM3.

California Avenue, its Caltrain station, and area shops, restaurants, and cafes are nearby. The property is at 2571 Alma Street in Palo Alto, with access to major Silicon Valley employers noted in the listing information.

Key Highlights

  • Three residences: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
  • 1,822 square feet on a 0.1389‑acre lot
  • Each residence has dedicated parking; property parking is assigned

Property Analytics

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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

Frequently Asked Questions

What type of property is this?
Triplex - RM3 zoning and assigned parking support the property's three-residence configuration.
Where is this triplex located?
The property is located at 2571 Alma Street 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 residences: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units; 1,822 square feet on a 0.1389‑acre lot; Each residence has dedicated parking; property parking is assigned
More about this property
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