Four-Unit Multifamily
For Sale
$2,500,000
26092617 Alma Street, Palo Alto, CA 94306
Approved plans support four detached three-story rental townhomes.
Property Size2,232 SF
Price / SF$1,120
Days on Market94
Property Features for 26092617 Alma Street
General Information
Standard status
Active
Size
2,232 SF
Property subtype
Multi Family
Property Condition
Severity
Repairs Needed
Evidence
renovate all units day one
Additional Details
Public Transit
Yes
Multifamily Units
4
Building Details
Year Built
1951
Listing Agency:
Compass
(650) 515-6555
Listed By:
Matthew Thomson · License #01471708
(650) 515-6555
Source:
Exitrealty
Added: May 30
Changed: Aug 31
Last Checked: Aug 31 at 2:30PM
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 Compass
Investment Insights
Based on property information with market context.
This four-unit multifamily property was built in 1951 and contains 2,232 square feet. The existing units are positioned for renovation, while an approved development entitlement provides an alternative plan for four detached, three-story townhomes intended for rental use only.
The property is steps from the California Avenue Caltrain Station and a short distance from California Avenue’s shopping, dining, and professional services. California Avenue is approximately a 10-minute walk or 3-minute bike ride via the pedestrian underpass. Stanford University is about 3 miles away, placing the property near the university’s campus attractions, trails, and athletic facilities.
The property is steps from the California Avenue Caltrain Station and a short distance from California Avenue’s shopping, dining, and professional services. California Avenue is approximately a 10-minute walk or 3-minute bike ride via the pedestrian underpass. Stanford University is about 3 miles away, placing the property near the university’s campus attractions, trails, and athletic facilities.
Key Highlights
- Four‑unit multifamily property with 2,232 square feet
- Approved entitlement for 4 detached 3‑story townhomes
- Townhome plan is designated for rent only, not for‑sale use
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,149
Businesses Nearby
Explore this area
Business Placement
Demographics for 94306, CA
28,659
Population
11,853
Households
2.4
Avg Household Size
41
Median Age
81%
College-Educated
96%
High-School Grad
4.1 sq mi
ZIP Area
6,990
Density / Sq Mi
$186,479
Median Household Income
$112,500
Median Earnings
$2,927
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Approved plans support four detached three-story rental townhomes.
Where is this quadplex located?
The property is located at 26092617 Alma Street Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Four‑unit multifamily property with 2,232 square feet; Approved entitlement for 4 detached 3‑story townhomes; Townhome plan is designated for rent only, not for‑sale use
